BitGo Nominated for Best Stablecoin Infrastructure Award
BitGo earned a nomination for Best Stablecoin Infrastructure Leader from BeInCrypto's Institutional 100 Awards, an evaluation of institutional crypto leaders that drew from over 500 candidates.
Key Takeaway
BitGo's nomination signals stablecoin infrastructure is now a battleground for institutional credibility.
BitGo landed a nomination for Best Stablecoin Infrastructure Leader in BeInCrypto's Institutional 100 Awards.
The recognition highlights BitGo's role in custody, minting, settlement, and compliance systems for stablecoins. Monthly on-chain stablecoin volume now stands at ₱119.49 trillion ($2 trillion), reflecting the infrastructure demands that companies like BitGo handle behind the scenes.
Traditional payment giants Visa, Mastercard, and Stripe have all pushed into stablecoin infrastructure over the past year, making the category one of the most competitive in institutional crypto.
BeInCrypto's awards program evaluated over 500 candidates through a two-stage process. The first stage screened candidates using quantitative data from DefiLlama, Dune Analytics, and SEC EDGAR filings. An Expert Council of 10 to 13 practitioners from traditional finance, digital asset management, and regulatory advisory then conducted the second assessment. Security breaches and major regulatory fines could disqualify nominees.
The awards ceremony takes place June 2 to 3 at the Louvre Palace in Paris, drawing 2,500 CEOs, founders, and policymakers representing more than ₱1.08 quadrillion ($18 trillion) in aggregate assets under management.
This article was written based on reporting from BeInCrypto.
