BitGo will provide stablecoin technology support for SoFiUSD
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BitGo announced that its subsidiary BitGo Bank & Trust has been selected to provide stablecoin infrastructure services and support distribution for SoFiUSD. SoFiUSD, issued by SoFi Bank, is the first US dollar stablecoin issued by a nationally chartered and insured deposit bank on a public, permissionless blockchain. BitGo will provide technical and operational infrastructure, as well as institutional access and application support, through its “Stablecoin-as-a-Service” platform.
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