• 34ºc, Sunny

BitGo Appoints Former Silvergate Bank President as Managing Director and Head of Stablecoin Business

Crypto custodian BitGo has announced that it has hired former Silvergate Bank president Ben Reynolds as managing director and head of U.S. dollar standards. Ben will oversee the development of BitGo's U.S. dollar-standard stablecoin USDS, which will be launched next year.