馃殌 **BitGo Appoints Ben Reynolds to Lead USD Standard Stablecoin!** 馃殌
- **New Leadership**: BitGo has named Ben Reynolds, ex-president of Silvergate Bank, as Managing Director to spearhead its USD Standard stablecoin.
- **Experience**: Reynolds brings 25+ years in fintech and banking, crucial for BitGo鈥檚 stablecoin ambitions.
- **USD Standard**: Launched in mid-September, backed 1:1 by U.S. dollars, offering transparency and liquidity rewards.
- **Market Position**: BitGo holds 96.6% of the Wrapped Bitcoin market, facing competition from Coinbase and Kraken.
馃挰 **Thoughts on BitGo's stablecoin strategy? Comment below!**