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

GateNews

2026-03-05 13:34:54

Odaily Planet Daily reports that BitGo announced its subsidiary, BitGo Bank & Trust, has been selected to provide infrastructure services and support for the distribution of SoFiUSD. SoFiUSD, issued by SoFi Bank, is the first U.S.-chartered and insured deposit bank to issue a dollar stablecoin on a public, permissionless blockchain. BitGo will provide technology and operational infrastructure through its “Stablecoin-as-a-Service” platform, as well as institutional access and applications. (Businesswire)

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