TechFlow News, April 2: According to The Block, BitGo, an institutional-grade digital asset custody service provider, has officially launched its BitGo Mint service, enabling 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 SoFiUSD, issued by SoFi Bank—a bank regulated by the Office of the Comptroller of the Currency (OCC) and insured by the Federal Deposit Insurance Corporation (FDIC). BitGo had already provided infrastructure support for both stablecoins as of last December.
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