Techub News: Cryptocurrency custody institution BitGo has hired former Silvergate Bank president Ben Reynolds as Managing Director and Head of USD Standards. Ben will be responsible for overseeing the development of BitGo's USD standard stablecoin USDS, which is set to launch next year. Ben has over 25 years of experience in fintech, software, banking, and asset management, and previously served as president of Silvergate Bank, overseeing revenue growth across the entire company.