[BitGo Adds USDC to Institutional Stablecoin Minting and Redemption Platform] According to a report by The Block on November 12th, crypto custody company BitGo has expanded its institutional stablecoin minting and redemption platform to include USDC. Institutional clients can now directly mint and redeem USDC within the BitGo platform without needing to build their own issuance and reserve management facilities. This capability is an extension of BitGo's "Stablecoin-as-a-Service" (SAS) launched on October 20th. This solution targets banks, fintech companies, and general enterprises, providing issuance, custody, and reserve management tools, including stablecoin minting and burning. BitGo stated at the time that the solution aligns with regulatory requirements such as the US GENIUS Act, but legal and compliance reviews remain the responsibility of the institutions themselves. USDC, issued by Circle, is the second-largest USD stablecoin by market capitalization. BitGo has not yet disclosed the blockchains covered by this integration, fees, or launch timeline, and The Block's report also did not provide a specific client list.