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

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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