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BitGo Adds USDC to Its Institutional Stablecoin Minting and Redemption Platform

(2 hours ago) · 1 source · Summarized by CryptoBipto

BitGo has expanded its institutional stablecoin platform to include minting and redemption services for USDC. The move adds Circle's USDC alongside other stablecoins already supported on BitGo's infrastructure. The expansion is aimed at institutional clients who need streamlined access to stablecoin liquidity.

WHY IT MATTERS

Stablecoins are cryptocurrencies designed to maintain a steady value, usually pegged to a traditional currency like the US dollar.

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SOURCES

  • theblock.co

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USDCStablecoinsInstitutional AdoptionUSDCDigital Asset Custody