BitGo and Crescite have announced that they intend to work jointly on a set of faith-aligned digital asset initiatives. Under the contemplated collaboration, BitGo would be positioned to deliver secure custody, fiat-reserve management, and issuance infrastructure in connection with Crescite’s proposed Catholic USD stablecoin and other related programs. The parties signaled that any implementation would remain subject to regulatory assessment and binding agreements.
Crescite has been planning Catholic USD as a fiat-backed stablecoin structured on a one-to-one basis with U.S. dollars and designed for use cases such as endowment deployment, global mission funding, church treasury operations, and other institutional flows. The instrument is intended to be made publicly available and listed on global exchanges once live. The two firms may also cooperate for BitGo to serve as the exclusive custodian of a separate instrument referred to as Catholic Token.
BitGo to supply rails; Crescite to route distribution and liquidity
BitGo’s infrastructure offering already spans stablecoin program issuance, reserve oversight, smart contract infrastructure, qualified custody, and institutional-grade trading, settlement, and lending products. The contemplated model assigns BitGo Trust Company — a supervised South Dakota trust — and its affiliates potential responsibility for issuing and safeguarding fiat reserves that collateralize Catholic USD, as well as managing its smart contracts and issuance stack.
BitGo and Crescite have announced a strategic collaboration to explore faith-based blockchain initiatives, including potential custody and reserve management for their proposed Catholic USD™ stablecoin.
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— BitGo (@BitGo) October 22, 2025
In addition, BitGo could integrate Catholic Token from a listing, custody, and vesting standpoint. On the liquidity side, Crescite could make use of BitGo Prime to access electronic or over-the-counter trading venues for liquidity optimization and cross-market stability of the token pair.
The partners framed the effort as a possible milestone in digital finance by pairing blockchain-based transparency with a values-driven design philosophy rooted in faith communities.
Faith–tech thesis centers on ethical guardrails for capital flows
Edward Cullen, who leads Crescite Innovation Corporation and is a co-founder of Catholic Token, indicated that the collaboration represented the beginning of a phase where religious institutions and blockchain developers co-shape financial infrastructure with ethical constraints built in at the protocol layer. He observed that the partnership was intended to link spiritual capital with digital capital, with the intention that legacy institutional values would inform the design of future financial systems rather than operate downstream of them.
The announcement signals a directional move to create sector-specific digital finance primitives targeted at mission-aligned institutions that demand both compliance-grade controls and values-compatible governance. If delivered at production scale, the collaboration could function as a reference model for thematic stablecoins and faith-based capital coordination frameworks that seek to capture the auditability of on-chain systems while retaining normative and doctrinal alignment.