BitGo Inc., the digital asset infrastructure company, and BitGo Bank & Trust, National Association, an OCC-regulated digital asset trust bank, both subsidiaries of BitGo Holdings, Inc. (NYSE: BTGO), today announced that The Better Money Company (“TBMC”) has selected BitGo’s Crypto-as-a-Service (“CaaS”) to support its stablecoin clearinghouse. Through this partnership, BitGo will provide compliant issuer onboarding and qualified custody wallet infrastructure purpose-built to support TBMC’s multi-issuer, multi-stablecoin clearing offering.
Stablecoins are becoming an increasingly important part of digital finance, enabling faster settlement and continuous transaction capability across global markets. As adoption grows and more issuers enter the market, fragmentation across stablecoins has created operational complexity for businesses that need to receive one stablecoin and settle in another.
TBMC is designed to make stablecoins easier to use for payment companies, fintechs, and banks by building a neutral clearing platform designed to address that challenge by enabling movement across stablecoins with greater predictability, operational efficiency, and interoperability. Rather than relying on fragmented liquidity pools or manual conversion processes, TBMC is building direct relationships with issuers and banking partners to support true stablecoin fungibility in a more efficient and structured manner.
BitGo’s CaaS enables platforms to embed institutional-grade custody and wallet capabilities through API-driven infrastructure, eliminating the need to build digital asset custody and compliant onboarding of issuers in-house. For TMBC, this means compliant issuer onboarding powered by programmatic KYB, combined with embeddable qualified custody wallets built to meet institutional expectations for security, governance, and operational rigor. By building on BitGo’s regulated backend, TBMC can focus on developing its platform while relying on BitGo for the regulated custody infrastructure as the foundation.
“We believe the stablecoin markets require infrastructure that can support compliance, security, and operational scale from day one,” said Frank Wang, Managing Director of Fintech Sales at BitGo. “We are pleased to support The Better Money Company as it builds a platform for stablecoin interoperability using BitGo’s OCC-regulated Crypto-as-a-Service capabilities.”
“Selecting the right custody partner is a critical decision for any business operating in digital assets. For us, it came down to three essential criteria: security, licensing, and technology. BitGo leads on all three. As an OCC-chartered trust bank with an outstanding security track record and a highly advanced technology solution. We look forward to building better money together.” – Sam Broner, Founder & CEO at The Better Money Company
As stablecoins continue to gain traction across payments, treasury operations and digital commerce, the infrastructure connecting them is becoming increasingly important. BitGo and TBMC are working together to help build a more interoperable foundation for the stablecoin economy.
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