Kevin Cui

Kevin Cui is the Executive Director and Chief Executive Officer (CEO) of OSL Group (HKEX: 863), a digital asset firm best known for institutional trading, custody and stablecoin initiatives. He is publicly associated with the conception and launch of USDGO, a U.S.-regulated, U.S. dollar–pegged enterprise stablecoin developed with Anchorage Digital Bank as issuer and custodian partner. Under his leadership OSL emphasized a compliance-first approach and expanded into stablecoin payments, corporate settlements, and related infrastructure across Asia and global markets. ^[1] ^[2]

Education

Cui completed both undergraduate and graduate studies at Shanghai Jiao Tong University. Aggregated professional data indicate he earned a bachelor’s degree (1996–2000) and a master’s degree (2000–2003) from the institution, forming the academic foundation for a subsequent career in product development, engineering leadership, and executive management across technology and financial services. ^[3]

Career

Early career in technology and product management

Before working in the digital asset sector, Kevin Cui held roles in product management and engineering at technology and internet companies in Asia. From 2003 to 2007, he worked at Sony as a Supervisor in Tokyo, Japan.

In 2007, Cui joined Google as a Product Manager, where he worked until 2010. His responsibilities involved product-related operations for internet and consumer technology services.

Between 2010 and 2011, Cui worked at Dianping as Head of Product. The role involved management of product functions for the company’s online services platform.

From 2011 to 2014, Cui co-founded Moregg Inc., a company focused on mobile applications and internet-based products. During this period, the company developed applications including Vida (微图记/微达), a mobile photo and video-sharing platform with real-time image filter functions, and Vimi.in (微米印), a mobile customization and e-commerce application. Some of the company’s applications were featured in Apple App Store recommendation and editorial sections.

In April 2014, Cui joined Fangdd (房多多)as Partner and Vice President of Product and Engineering. Based in Shanghai, he remained with the company until June 2021 and oversaw product development and engineering operations.

Digital asset industry

In 2021, Cui joined Bybitin Singapore. Between 2021 and 2024, he held leadership positions related to trading products and digital asset services.

From June 2021 to December 2023, he served as Vice President and Head of the Derivatives Business Unit, Spot Trading Business Unit, and Growth Product Team. His responsibilities included management of trading-related products and exchange operations.

In December 2023, Cui became Vice President and Head of the Web3 and Spot Trading Business Unit. The role included oversight of web3-related initiatives and spot trading operations until July 2024.

OSL Group

In August 2024, Cui became Chief Executive Officer of OSL Group(HKEX: 863). His role at the company has included involvement in digital asset trading services, payment infrastructure, and stablecoin-related operations.

Company statements and industry reporting identified Cui as a representative of OSL in relation to the company’s stablecoin and payment initiatives.

USDGO stablecoin

In December 2025, OSL Group announced USDGO, a U.S. dollar-pegged stablecoin developed in partnership with Anchorage Digital. According to company materials, the stablecoin was intended for uses including settlement, treasury operations, trading activity, and cross-border payments.

Public statements described USDGO as backed 1:1 by U.S. dollars and liquid reserve assets, with AML and KYC compliance procedures. Solana was identified as the first blockchain network used for deployment of the token.

Anchorage Digital later stated that USDGO launched under U.S. federal oversight in February 2026 with an initial issuance of US$50 million. Anchorage Digital Bank N.A. acted as the issuing institution, while OSL operated as a distribution and branding partner.

Public statements from Cui regarding the launch described USDGO as infrastructure intended for settlement and payment-related applications.

During Cui’s tenure as CEO, OSL expanded its payment-related services and stablecoin operations. Company reporting for 2025 stated that OSL launched OSL BizPay and expanded activities related to stablecoin-based payment infrastructure.

In January 2026, OSL completed the acquisition of Banxa.

Following the launch of USDGO, OSL and partner organizations announced the “GO Alliance,” an initiative related to stablecoin ecosystem development and institutional participation. Public materials associated the initiative with payment infrastructure, settlement systems, and digital asset services. ^[1] ^[2] ^[3] ^[5] ^[6] ^[7] ^[8] ^[9]

Views and Public Statements

Enterprise demand and compliance

Cui’s statements on the USDGO initiative stressed that enterprises sought faster settlement, lower transaction costs, and global reach without compromising on compliance. He linked USDGO’s design to these demands, pointing to Anchorage’s federally regulated bank status in the U.S. and the need to anchor stablecoin issuance within a rigorous oversight framework. These comments were presented in conjunction with the December 2025 announcement of the OSL–Anchorage partnership. ^[2] ^[1]

In a later framing around the official launch, Cui described the industry as transitioning into a “utility era,” emphasizing real-world use cases and corporate applications over purely speculative trading. He characterized USDGO as a stablecoin intended to improve settlement efficiency and support the financial system’s operational needs. ^[5]

Positioning stablecoins in payments and treasury

Beyond USDGO, leadership communications on OSL’s 2025 results underscored a view that stablecoins were becoming integral to corporate payments and treasury operations. The company positioned stablecoins as a significant share of its trading activity and framed further growth in payments infrastructure, including OSL BizPay, as a priority area. ^[8]

Selected Quotes

“Businesses want faster settlement, cheaper transactions and global reach without compromising on compliance.” This framing accompanied OSL’s December 2025 announcement of USDGO in partnership with Anchorage, highlighting compliance and enterprise priorities. ^[2]
“The industry has entered its utility era.” Appearing around the USDGO launch under federal oversight, this statement encapsulated an emphasis on real-world enterprise use cases and payments utility rather than speculative market activity. ^[5]
“USDGO demonstrates OSL Group’s commitment to the strategic advancement in the payments sector, upholding global regulatory and security standards for operational reliability.” This comment in December 2025 materials situated USDGO within OSL’s broader payments strategy and highlighted cost reduction, treasury efficiency and liquidity optimization for partners. ^[4]