BitGo launches institutional stablecoin minting and redemption services

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Golden Finance reports that on April 2, institutional-grade digital asset custody service provider BitGo officially launched the BitGo Mint service, enabling institutional clients to mint, redeem, and manage stablecoins and other digital assets within a unified workflow.
The service’s first batch supports the USD 1 issued by World Liberty Financial, as well as the SoFi USD issued by SoFi Bank, which is regulated by the OCC and insured by the FDIC. BitGo previously provided infrastructure support for the above two stablecoins at the end of last year.

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