BitGo to Provide Custody Services for Cardano’s On-Chain Stablecoin USDA

Odaily News According to official news, digital asset custody company BitGo will provide custody services for the Cardano on-chain stablecoin USDA. The cooperation involves BitGo Trust, Anzens, the issuer of USDA, and EMURGO, the technology provider behind the Anzens platform. The cooperation will focus on creating a secure stablecoin solution for the Cardano blockchain, which will also enhance the security and functionality of USDA by integrating it into advanced financial infrastructure. In addition, the partnership will simplify and ensure the compliance of minting, destruction and custody services.