[BitGo to Provide Stablecoin Infrastructure Support for SoFiUSD and Expand Institutional Distribution] According to Businesswire, BitGo announced that its subsidiary, BitGo Bank & Trust, has been selected to provide stablecoin infrastructure services and support distribution for SoFiUSD. SoFiUSD, issued by SoFi Bank, is the first U.S. dollar stablecoin issued by a nationally chartered and insured deposit bank on a public, permissionless blockchain. BitGo will provide technical and operational infrastructure, as well as institutional access and applications for SoFiUSD through its 'Stablecoin-as-a-Service' platform.