Stablecoins have moved into core financial infrastructure. Monthly on-chain volume now exceeds $2 trillion. Payment networks such as Visa, Mastercard and Stripe have all expanded into this area.
However, the infrastructure behind it is almost invisible. This includes custody, minting, settlement, and compliance systems. This is where BitGo works.
The company has now been nominated for the Stablecoin Infrastructure Leader of the Year award BeInCrypto Enterprise 100 Awards 2026.
Increasing institutional footprint
The nomination centers around BitGo Mint, which launched on April 2, 2026. The platform allows institutions to mint, redeem, and manage stablecoins directly within the BitGo custodial environment.
BitGo’s move comes after a series of structural milestones. In December 2025, the Office of the Comptroller of the Currency approved its conversion to a federally chartered national trust bank.
One month later, BitGo was listed on the New York Stock Exchange under the symbol BTGO.
This sequence has been established BitGo is in a unique position It operates the stablecoin infrastructure within a federally regulated banking framework.
| Founded | Assets on the platform | Customers | tape | insurance | Federal Charter |
| 2013 | $81.6 billion | 5,322 | New York Stock Exchange: BTIGO | 250 million dollars | Orient |
Assets and customer data are based on BitGo’s SEC filings as of December 31, 2025. Underwriting and charter details follow OCC approval in December 2025.
BitGo Mint was launched with the support of two stablecoins. These include USD1, developed by World Liberty Financial, and SoFiUSD, issued by SoFi Bank. Both run on BitGo’s stablecoin infrastructure as a service.
This system deals with custody, reserve management, and coinage mechanisms. It also provides the compliance frameworks required for the enterprise version. USD1 is backed by short-term US Treasury securities and cash equivalents, with reserves held under qualified custody.
Building the backbone of a regulated stablecoin
Scale is an essential part of filtration. Pursuant to our March 2026 10-K DepositBitGo reported $81.6 billion in assets on the platform.
The number of enterprise customers reached 5,322, an increase of 103.5% year-on-year. The platform also serves 1.2 million users and has $15.6 billion in assets owned.
The company operates under the charter of the National Trust Bank. This allows it to provide custody and related services in all 50 US states without separate licenses. The seized assets are insured for up to $250 million.
Analysts have described BitGo as a “military-grade ranger.” The suspension reflects its long-standing focus on enterprise security infrastructure.
Stablecoin push extends beyond BitGo Mint. In March 2026, the company partnered with Stable Sea to support B2B stablecoin payments and on-chain treasury services. These products work through their own Crypto-as-a-Service stack.
As a result, BitGo now offers a unified system. Custody, wallets, staking, trading, funding, and stablecoin infrastructure operate under a single regulated entity.
This is the essence of nomination. BitGo combined federal banking oversight and the issuance and custody of stablecoins into a single platform. Most providers still separate these functions across different systems.
The model already exists. Institutions can mint, hold, and distribute stablecoins within a structured workflow.
This changes how stablecoins move between issuers, markets and counterparties.
The BeInCrypto Institutional 100 Awards aim to identify infrastructure providers that are shaping the next phase of digital finance. BitGo’s nomination reflects its role in building the back-end systems that support the adoption of institutional stablecoins.
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