Crypto custody institution BitGo announced that it has hired former Silvergate Bank President Ben Reynolds as Managing Director and Head of Dollar Standard. Ben will be responsible for overseeing the development of the USD Standard stablecoin USDS that BitGo will launch next year. Ben has more than 25 years of experience in fintech, software, banking and asset management. Most recently, Ben served as President of Silvergate Bank, overseeing company-wide revenue growth and as a member of the executive team to expand Silvergate into a public company in 2019. (Businesswire)