Crescite Innovation Corporation has announced the launch of Catholic USD™, a fully reserved stablecoin developed in collaboration with BitGo and designed to serve Catholic institutions and communities on a global scale.
Unlike most stablecoins on the market, Catholic USD™ operates under a mission-first economic model. All on-chain yield generated by the system will be distributed to support charitable works, humanitarian relief, education access, and mission-driven initiatives across the Catholic ecosystem, with no yield retained as profit.
“Catholic USD™ leads first and foremost through mission,” said Eddie Cullen, CEO of Crescite Innovation Corporation. “By directing 100% of on-chain yield to serve the poor, Catholic USD™ transforms modern financial infrastructure into a living expression of that mission, delivered with institutional-grade security through our partnership with BitGo.”
The stablecoin is intended to function as a digital financial rail for dioceses, parishes, universities, schools, religious orders, and charitable organizations seeking a values-aligned approach to digital finance. BitGo will support the initiative by providing stablecoin issuance, regulated custody, and wallet infrastructure.
According to Karl P. Kilb III, Chairman of Crescite, the project also reflects broader regulatory and governance principles shaping the future of digital assets. “The architecture of Catholic USD™ is designed to reflect principles of transparency, full reserve backing, and responsible stewardship,” he said, adding that the initiative demonstrates how stablecoins can operate at institutional scale while delivering tangible social impact.
Crescite plans a global rollout in 2026, supported by a year-long engagement strategy that includes institutional events and on-the-ground visits to support onboarding and adoption across the global Catholic community.
