Hassan Maishera
On Friday, the Near Protocol announced via X that BitGo now supports NEP-141 tokens starting with NEAR, USDC and USDT. With this support, institutional clients can now securely custody NEAR-native stablecoins through BitGo’s regulated custody, cold wallet support, and seamless integration via API and UI.
NEAR Protocol is a decentralized application platform designed to make apps similarly usable to those on today’s web. The network runs on a Proof-of-Stake (PoS) consensus mechanism called Nightshade, which aims to provide dynamic scalability and stabilize fees. NEAR is trading at $3.01, up 3.4% in the last 24 hours.
