BitGo
October 1, 2024
BitGo Unicorn News - October 01, 2024
BitGo has announced a new partnership to provide custodial services for the Cardano-based USDA stablecoin. This collaboration with Anzens and EMURGO aims to enhance the security and compliance of the stablecoin within the crypto ecosystem.
() Introduction
() BitGo to Provide Custodial Services for Cardano-Based USDA Stablecoin
BitGo has announced a new partnership to provide custodial services for the Cardano-based USDA stablecoin. This collaboration involves BitGo Trust, USDA's issuer Anzens, and EMURGO, the technology provider for the Anzens platform. The partnership aims to enhance the security and functionality of the USDA stablecoin by leveraging BitGo's advanced financial infrastructure. This initiative is part of a broader effort to integrate traditional finance with the cryptocurrency ecosystem, ensuring compliance in the processes of minting, burning, and custody of the stablecoin.
Sources
1 https://cryptoslate.com/bitgo-to-provide-custodial-services-for-cardano-based-usda-stablecoin/
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