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BitGo expands institutional stablecoin minting and redemption platform with USDC

Headline from The Block

Image: The Block

Key points

  • Institutional crypto custody provider BitGo has expanded its stablecoin platform to support Circle's USDC token.
  • Through BitGo's Go Accounts, institutional clients can now directly mint and redeem USDC.
  • These settlement orders are processed directly through BitGo's Circle Mint account, streamlining stablecoin transaction workflows for institutional users who utilize BitGo for digital asset operations.

Summarized automatically by Kryptokite from reporting by The Block. Read the original sources for full detail.

Coins mentioned

Sources

  • The BlockBitGo expands institutional stablecoin minting and redemption platform with USDC · 35 minutes agoRead on The Block

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Kryptokite links to the original reporting and never republishes full articles. Summaries are written automatically and may contain mistakes; nothing here is financial advice.

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