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SoFi taps BitGo to provide infrastructure for bank-issued stablecoin
📰 sources⭐ 9.0
TL;DR:
BitGo will support the rollout of US dollar-pegged stablecoin SoFiUSD, as US fintechs and banks expand digital dollar infrastructure following new federal legislation.
Key Points:
Background:
Cryptocurrency markets continue to evolve with new developments affecting the broader digital asset ecosystem.
Why It Matters:
This development contributes to the ongoing evolution of the cryptocurrency ecosystem and may influence market trends.