PANews reported on April 2nd that, according to The Block, digital asset custody provider BitGo has launched BitGo Mint, offering institutional clients the minting, redemption, and management of stablecoins and other digital assets. The initial offerings include Trump-backed World Liberty stablecoin USD1 and SoFiUSD issued by SoFi Bank, regulated by the US OCC and insured by the FDIC. BitGo stated that the service targets market makers, liquidity providers, banks, exchanges, asset management firms, and fintech companies, aiming to integrate stablecoin minting and redemption processes into their existing custody and operations platforms, reducing operational complexity for institutions in the stablecoin business.