BitGo to Issue and Custody FYUSD Stablecoin for Asian Markets

Reuters
Feb 20
BitGo to Issue and Custody FYUSD Stablecoin for Asian Markets
  • Partnered with New Frontier Labs to issue and act as primary custodian of FYUSD, a U.S. dollar-backed stablecoin aimed at institutional adoption in Asian markets.
  • Positioned the stablecoin to align with U.S.-grade regulatory and custody standards as Asian jurisdictions advance stablecoin regulations.
  • Designed for integration with Asian banks and fintech platforms to support institutional workflows and enterprise connectivity.
  • Framed as part of a broader “Stablecoin 2.0” initiative intended to enable AI-driven, automated transaction use cases in compliant digital-dollar settlement.


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