BitGo is pleased to announce support for NEP‑141 tokens on the NEAR Protocol, starting with custody and wallet infrastructure for USDC and USDT.
This integration expands BitGo’s coverage of high-demand stablecoins across leading Layer 1 ecosystems, enabling institutions to securely hold and manage NEAR-native USDC and USDT with the same enterprise-grade security and compliance standards BitGo is known for.
With this release, exchanges, fintechs, and other institutional clients can confidently build on NEAR while benefiting from regulated custody, secure cold wallet support, and seamless asset operations via API and UI.
A Trusted Partner to NEAR Since 2022
BitGo became the first qualified custodian to support NEAR in July 2022, offering custody and staking support for NEAR’s native token. At launch, the NEAR Foundation selected BitGo as a custody provider for its treasury, underscoring our shared commitment to secure infrastructure and institutional access.
Since then, BitGo has continued to deepen support for NEAR’s ecosystem, providing cold storage, staking, and integration with BitGo’s secure wallet infrastructure. Today’s addition of NEP-141 token support marks the next phase in this longstanding partnership—bringing stablecoins into the fold for compliant and secure institutional use.
Unlocking New Use Cases via Go Network
An important aspect of this NEP‑141 integration is that it enables market participants to use NEAR-native USDC and USDT as collateral for trading on exchanges connected to Go Network—BitGo’s settlement layer for institutional digital asset activity.
By combining stablecoin custody with collateral mobility, BitGo continues to unlock new capital efficiency opportunities for institutions building on NEAR. This integration streamlines workflows for exchanges, market makers, and asset managers looking to deploy NEP‑141 assets in active trading environments while maintaining the highest standards of custody and security.
Expanding Institutional-Grade Coverage of NEAR Assets
With NEP-141 support now live, BitGo clients can:
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Custody NEAR-native USDC and USDT with full support across regulated custody and self-custody wallets
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Access seamless operations via BitGo’s APIs and user interface
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Build and scale on NEAR using stablecoins backed by BitGo’s trusted infrastructure
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Leverage BitGo’s Go Network for instant, off-chain settlement of NEAR-native stablecoins across counterparties
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Streamline treasury operations with unified wallet and settlement infrastructure for NEAR, USDC, and USDT
Support for additional NEP‑141 assets is planned for future phases. Connect with us to learn more.
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BitGo is the leading infrastructure provider of digital asset solutions, delivering custody, wallets, staking, trading, financing, and settlement services from regulated cold storage. Since our founding in 2013, we have focused on enabling our clients to securely navigate the digital asset space. With a large global presence through multiple regulated entities, BitGo serves thousands of institutions, including many of the industry's top brands, exchanges, and platforms, as well as millions of retail investors worldwide. As the operational backbone of the digital economy, BitGo handles a significant portion of Bitcoin network transactions and is the largest independent digital asset custodian, and staking provider, in the world. For more information, visit www.bitgo.com.
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