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BitGo Mint Adds Support for USDC Minting and Redemption

Nov 12, 21:03

November 12 — According to The Block, digital asset infrastructure company BitGo has added USDC minting and redemption functionality to its Go Accounts. The service is available to eligible customers of its OCC-regulated subsidiary BitGo Bank & Trust. Customers can initiate and monitor USDC orders through the BitGo platform or API, with orders processed via BitGo's Circle Mint account, at a flat fee disclosed prior to confirmation. Supported chains include Ethereum, Solana, Base, Arbitrum, Polygon, Avalanche, HyperEVM, Monad and Aptos. BitGo launched its Mint service in April this year, initially supporting USD1 and SoFiUSD. The addition of USDC further expands institutions' ability to manage multiple stablecoins within a single platform.