BitGo Supports Arc Blockchain with Wallet and Custody Integration

BitGo has integrated its wallet and custody infrastructure to support the Arc blockchain. This allows eligible BitGo clients to deposit and withdraw funds on the Arc network through various wallets, including Self-Custody MPC wallets in hot and cold configurations, Custody MPC wallets, and Go Account.

Arc is a Layer-1 blockchain designed for stablecoin-based financial applications, which uses USDC as gas. The integration includes indexing for native USDC movements and transfers, auto-consolidation, and bulk withdrawals. BitGo's Gas Tank also covers gas costs generated during auto-consolidation.

According to Mike Belshe, CEO and Co-founder of BitGo, Arc's stablecoin-native design aims to address practical considerations for payments and treasury teams by providing fee predictability and settlement speed.