Crescite Innovation Corporation is entering the stablecoin space with an approach that challenges the dominant logic of digital finance. Through a strategic partnership with BitGo, the company announced the launch of Catholic USD™, a fully reserved stablecoin designed specifically for Catholic institutions, communities, and missions worldwide.
Rather than prioritizing profit, Catholic USD™ is structured around a mission-based economic model in which all on-chain yield generated by the system is redistributed to support the poor—funding charitable works, humanitarian relief, education access, and mission-driven initiatives across the global Catholic ecosystem.
“Catholic USD™ leads first and foremost through mission,” said Eddie Cullen, CEO of Crescite Innovation Corporation. “Its economic design is rooted in the Economics of Mercy and guided by the moral vision articulated in Dilexi Te—He Loved Us, calling us to place love, dignity, and mercy at the center of economic life.”
Cullen added that by directing 100% of on-chain yield toward serving the poor, Catholic USD™ seeks to transform financial infrastructure into an active expression of faith, delivered with institutional-grade security through Crescite’s partnership with BitGo.
The stablecoin is positioned as a trusted digital financial rail for dioceses, parishes, schools, universities, religious orders, and charitable organizations seeking transparency, compliance, and alignment with Church values. BitGo will provide the underlying issuance, custody, and wallet infrastructure as the project scales globally.
For Crescite’s leadership, the initiative also aims to redefine how digital assets are deployed at scale. “We believe that Catholic USD™ represents a new benchmark for how digital assets should be deployed and utilized,” said Karl P. Kilb III, Chairman of Crescite. “Its architecture reflects principles of transparency, full reserve backing, and responsible stewardship, demonstrating that stablecoins can operate globally while directing economic value to those most in need.”
The project is slated for a global launch in 2026, accompanied by a year-long engagement program designed to bring Catholic USD™ directly to parishes, schools, and institutions around the world.
