BitGo Selected to Provide Stablecoin Infrastructure for SoFiUSD

Reuters03-05
BitGo Selected to Provide Stablecoin Infrastructure for SoFiUSD

SoFi Technologies Inc.’s banking unit, SoFi Bank, selected BitGo Bank & Trust to provide stablecoin infrastructure services and help distribute SoFiUSD, a U.S. dollar-pegged stablecoin. BitGo will support issuance operations through its Stablecoin-as-a-Service platform and work with payments providers and exchanges to expand institutional access and integration of SoFiUSD across the digital asset ecosystem.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SoFi Technologies Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202603050800BIZWIRE_USPR_____20260305_BW215849) on March 05, 2026, and is solely responsible for the information contained therein.

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