UstarPay taps BitGo Bank & Trust to custody assets behind its crypto payment cards

The PayFi provider is bringing in a federally chartered digital asset trust bank to hold customer funds tied to its spending products UstarPay is handing the keys, quite literally, to a bank. The PayFi infrastructure provider announced on November 5, 2026, that BitGo Bank & Trust will serve as its banking partner for custody of digital assets connected to its payment and wallet services. The arrangement focuses on custody of the digital assets that flow through UstarPay’s payment services. According to the companies, the goal is threefold: tighter security, clearer operational roles, and segregation of customer assets.