Disclaimer:All content on this platform is sourced from the internet and is provided for informational purposes only. None of the content represents the views of this site, nor does it constitute investment advice. Please exercise caution when investing.
BitGo Launches BitGo Mint Institutional Minting Service, Initially Supporting USD1 and SoFiUSD
Svmuu News Digital asset custodian BitGo has launched the BitGo Mint service, offering institutional clients the ability to mint, redeem, and manage stablecoins and other digital assets. The service initially supports the Trump-endorsed World Liberty stablecoin USD1, as well as SoFiUSD issued by SoFi Bank, which is regulated by the U.S. OCC and insured by the FDIC. BitGo stated that the service targets market makers, liquidity providers, banks, exchanges, asset management firms, and fintech companies, aiming to integrate stablecoin minting and redemption processes into their existing custody and operational platforms, thereby reducing operational complexity for institutions in the stablecoin business. (The Block)
Disclaimer: This content reflects the author's personal views only and does not constitute investment advice. If you find any violations, please Click to Report
Recommended Reading


