BeInCrypto 100 Institutional Awards Nomination: BitGo for Best Stablecoin Infrastructure Leader

Stablecoins have moved into core financial infrastructure. Monthly on-chain volume now exceeds $2 trillion. Payment networks like Visa, Mastercard, and Stripe have all expanded into the space.

However, the infrastructure behind them is almost invisible. This includes custody, minting, settlement, and compliance systems. That is where BitGo operates.

The company is now nominated for Best Stablecoin Infrastructure Leader at the BeInCrypto Institutional 100 Awards 2026. 

Growing Institutional Footprint

The nomination centers on BitGo Mint, launched April 2, 2026. The platform allows institutions to mint, redeem, and manage stablecoins directly within BitGo’s custody 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 listed on the New York Stock Exchange under the ticker BTGO.

That sequence placed BitGo in a unique position where it operates stablecoin infrastructure inside a federally regulated banking framework.

Assets and client data are based on BitGo’s SEC filings as of December 31, 2025. Insurance and charter details follow the OCC approval in December 2025.

BitGo Mint launched with support for two stablecoins. These include USD1, developed by World Liberty Financial, and SoFiUSD, issued by SoFi Bank. Both run on BitGo’s Stablecoin-as-a-Service infrastructure.

This system handles custody, reserve management, and minting mechanics. It also provides compliance frameworks required for institutional issuance. USD1 is backed by short-term US Treasuries and cash equivalents, with reserves held under qualified custody.

Building a Regulated Stablecoin Backbone

Scale is a central part of the nomination. According to its March 2026 10-K filing, BitGo reports $81.6 billion in assets on platform. 

Institutional clients reached 5,322, up 103.5% year over year. The platform also serves 1.2 million users and holds $15.6 billion in staked assets.

The company operates under a national trust bank charter. This allows it to provide custody and related services across all 50 US states without separate licenses. Assets held in custody are insured for up to $250 million.

Analysts have described BitGo as a “military-grade custodian.” The comment reflects its long-standing focus on institutional security infrastructure.

The stablecoin push extends beyond BitGo Mint. In March 2026, the firm partnered with Stable Sea to support B2B stablecoin payments and on-chain treasury services. These products run through its Crypto-as-a-Service stack.

As a result, BitGo now offers a unified system. Custody, wallets, staking, trading, financing, and stablecoin infrastructure operate within a single regulated entity.

This is the core of the nomination. BitGo has combined federal banking oversight with stablecoin issuance and custody in one platform. Most providers still separate these functions across different systems.

The model is already live. Institutions can mint, hold, and distribute stablecoins within a regulated custody workflow. 

That changes how stablecoins move between issuers, markets, and counterparties.

The BeInCrypto Institutional 100 Awards aim to identify infrastructure providers shaping the next phase of digital finance. BitGo’s nomination reflects its role in building the backend systems that support institutional stablecoin adoption.