BitGo Launches Stablecoin Minting and Redemption Service for Institutions

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On April 2, institutional-grade digital asset custody provider BitGo officially launched the BitGo Mint service, allowing institutional clients to mint, redeem, and manage stablecoins and other digital assets within a unified workflow. The service initially supports USD1 issued by World Liberty Financial and SoFi USD issued by SoFi Bank, which is regulated by the OCC and insured by the FDIC. BitGo had previously provided infrastructure support for these two stablecoins at the end of last year.

USD1-0.01%
WLFI2.46%
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