Odaily Planet Daily News 🌟 Cryptocurrency custody institution BitGo announces a significant personnel change! Former Silvergate Bank president Ben Reynolds officially joins BitGo as Managing Director and Head of US Dollar Standards. 💼

Ben will be responsible for overseeing the development of the US Dollar Standard stablecoin USDS, which BitGo plans to launch next year. It is worth mentioning that Ben has over 25 years of extensive experience in fintech, software, banking, and asset management, and he expanded Silvergate Bank into a publicly traded company in 2019. 📈

This move undoubtedly injects strong momentum into BitGo's future development, especially with exciting prospects in the stablecoin sector! 🚀