BitGo selected to support SoFi's new dollar-pegged stablecoin

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/17/2026

1. VRNS
2. CRWV
3. JBHT
4. TSLA
5. SCHW
6. GPRK
7. TRV
8. TFC
9. SPY
10. PNC

Go back to BitGo selected to support SoFi's new dollar-pegged stablecoin

BitGo Selected to Provide Stablecoin Infrastructure and Support Distribution for SoFiUSD

March 5, 2026 8:00 AM EST

NEW YORK--(BUSINESS WIRE)-- BitGo Bank & Trust, N.A. (BitGo Bank & Trust), an OCC-regulated digital asset trust bank and subsidiary of BitGo Holdings, Inc. (BitGo) (NYSE: BTGO), today announces that they have been selected to provide stablecoin infrastructure services and support distribution for SoFiUSD, a U.S. dollar-pegged stablecoin issued by SoFi Bank, N.A. SoFiUSD is the first stablecoin issued by the U.S. nationally chartered and insured deposit bank on a public, permissionless blockchain.

Through its Stablecoin-as-a-Service platform, BitGo is providing technology and operational infrastructure supporting SoFi Banks issuance of SoFiUSD.... More