CoinVoice has recently learned that cryptocurrency custodian BitGo has announced the hiring of former Silvergate Bank president Ben Reynolds as managing director and head of the US dollar stablecoin. Ben will be responsible for overseeing the development of BitGo's US dollar stablecoin USDS, which will launch next year.
Ben has over 25 years of experience in fintech, software, banking, and asset management. Recently, Ben served as the president of Silvergate Bank, overseeing the company's revenue growth and, as a member of the executive team, expanded Silvergate into a public company in 2019. [Original link]