According to ChainCatcher citing The Block, BitGo has added USDC minting and redemption to its Go Account for eligible customers of its subsidiary, BitGo Bank & Trust, an Office of the Comptroller of the Currency-regulated digital asset trust bank. Customers can submit and track orders on BitGo’s platform or through an API. BitGo processes them through its Circle Mint account and charges a fixed fee disclosed before customers confirm a transaction.

The service supports USDC on Ethereum, Solana, Base, Arbitrum, Polygon, Avalanche, HyperEVM, Monad and Aptos, subject to jurisdiction and account requirements. Eligible on-chain order processing is available 24/7, while fiat deposits and withdrawals remain subject to bank processing windows and settlement times.

BitGo launched its Mint service in April this year, initially supporting World Liberty Financial’s USD1 and SoFi Bank’s SoFiUSD. The service lets institutions access assets through one account rather than establishing separate relationships with each issuer. CEO and co-founder Mike Belshe said the company is building on infrastructure customers already use to help them manage access to more assets through a single BitGo account.

The previous week, BitGo launched BitGo Global Markets, led by former NYDIG executive Pete Janney, to provide institutional services including crypto-backed financing, options and swaps. The business followed BitGo’s acquisition of NYDIG’s institutional trading business on August 27, with about 30 employees joining BitGo.