Skip to content
CryptoBanking.news

Bank & market adoption

BitGo Bank & Trust adds USDC mint and redeem to Go Accounts

USSource: BitGo

  • BitGo announced on 12 November 2026 that eligible clients of BitGo Bank & Trust, National Association, its OCC-regulated digital asset trust bank subsidiary, can now submit orders to mint and redeem USDC directly from their existing Go Account, routed through BitGo’s Circle Mint account with flat fees disclosed before the order is confirmed.
  • At launch the service supports Ethereum, Solana, Base, Arbitrum, Polygon, Avalanche, HyperEVM, Monad and Aptos; onchain components can be processed 24 hours a day, seven days a week, while fiat funding and withdrawals remain subject to banking rails and settlement times.
  • USDC joins USD1 and SoFiUSD on BitGo Mint.

Why it matters

A trust bank aggregating issuer mint-and-redeem access inside its custody accounts competes directly with banks that want to offer institutional clients stablecoin on- and off-ramps without each client onboarding with every issuer.

Read the original: BitGo ↗

Get stories like this every week

Free, weekly. Every fact sourced.

cryptobanking.news

The weekly brief is free. Sign up in one step on our beehiiv page.

Subscribe on beehiiv ↗

Form not loading? Subscribe on beehiiv ↗

More detail

Who is affected

Eligible clients of BitGo Bank & Trust holding Go Accounts.

Key dates

  • BitGo announces USDC minting and redemption in Go Accounts

What remains uncertain

  • Availability may vary by client eligibility, jurisdiction, acceptance of BitGo Mint terms, supported networks and other account requirements, per the release; fee levels are not stated.

Adoption status

  • LiveBitGo Bank & TrustUSDC minting and redemption in Go Accounts via BitGo Mint

Key facts

Event
Product launch
Jurisdiction
US
Source
BitGo (Business Wire release on bitgo.com)
Source tier
Tier 2 · Bank / FMI
Product
Stablecoin issuance, Custody & trading
How we verified this

The source says

“USDC joins USD1 and SoFiUSD among the assets available to eligible clients through BitGo Mint.”

“Clients can initiate and monitor USDC mint and redemption orders through the BitGo platform or API.”

“At launch, the capability supports Ethereum, Solana, Base, Arbitrum, Polygon, Avalanche, HyperEVM, Monad, and Aptos.”

“Fiat funding and withdrawals remain subject to applicable banking rails, processing windows, and settlement times.”

Verbatim from BitGo (Business Wire release on bitgo.com), matched word for word against the live page on 13 November 2026.

Sources

Evidence

Confidence
Medium The institution’s own statement; quote string-matched. Proves what the institution says, not independent confirmation.
Quote verified
2026-11-13 11:59 UTC
Archived snapshot
SHA-256 cede800fd6af9abf… · fetched 2026-11-13 · Wayback Machine copy ↗
Source type
Official institutional BitGo (Business Wire release on bitgo.com) ↗
Change log (1)
  1. 2026-11-13 Published

Full evidence record · How we label confidence

AI-assisted: the summary and analysis were drafted with AI from the primary source and checked by the editors. AI-drafted from the primary source; quote string-matched against the live source page.

Methodology · How we classify sources · Corrections · Report an error

Related