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BitGo launches stablecoin minting and redemption services for institutional clients
ME News Report, April 2 (UTC+8), cryptocurrency infrastructure company BitGo announced a new service supporting institutional clients in minting, redeeming, and managing stablecoins and other digital assets. This new service initially offers minting and exchange services for USD1 issued by World Liberty and SoFiUSD. SoFiUSD is issued by SoFi Bank, a depository institution regulated by the U.S. Office of the Comptroller of the Currency (OCC) and insured by the Federal Deposit Insurance Corporation (FDIC). (Source: Foresight News)