PANews reported on March 7th that, according to Businesswire, BitGo announced that its subsidiary, BitGo Bank & Trust, has been selected to provide stablecoin infrastructurePANews reported on March 7th that, according to Businesswire, BitGo announced that its subsidiary, BitGo Bank & Trust, has been selected to provide stablecoin infrastructure

BitGo will provide stablecoin infrastructure support for SoFiUSD and will expand institutional distribution.

2026/03/07 08:06
1 min read
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

PANews reported on March 7th that, according to Businesswire, BitGo announced that its subsidiary, BitGo Bank & Trust, has been selected to provide stablecoin infrastructure services and support the distribution of SoFiUSD, issued by SoFi Bank. SoFiUSD is the first US dollar stablecoin issued on a public, permissionless blockchain by a nationally chartered and insured deposit bank in the United States. BitGo will provide SoFiUSD with technical and operational infrastructure, as well as institutional access and applications, through its "Stablecoin-as-a-Service" platform.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.