Faith & Technology · Company announcement
BitGo and Crescite announce a strategic collaboration
Original coverage by Business Wire ·
Coverage overview
An October 2025 announcement distributed through Business Wire set out BitGo and Crescite’s intention to explore faith-based blockchain initiatives. It identified the proposed Catholic USD stablecoin as an area where BitGo could contribute custody, reserve management, and issuance infrastructure.
Excerpt from Business Wire
BitGo and Crescite intend to collaborate on faith-based digital asset initiatives. As part of this strategic collaboration, the parties aim for BitGo to potentially provide secure custody, reserve management, and issuance infrastructure for Crescite’s proposed Catholic USD™ stablecoin and related projects, subject to regulatory review and definitive agreements.
Crescite’s Catholic USD™, which, upon development, would serve as is a 1:1 fiat-backed stablecoin that could be used for endowments, funding for global projects, church operations and treasury, and could be publicly available and listed on exchanges around the world. Additionally, BitGo and Crescite may work together to be the exclusive custodian of Catholic Token™.