SoFi
SoFi has introduced its dollar-backed stablecoin SoFiUSD to nearly 15 million members through its banking app. The token is available on Ethereum and Solana and is redeemable one-to-one for U.S. dollars via SoFi Bank.
Reported by AI
Personal finance firm SoFi has introduced SoFiUSD, a stablecoin pegged to the US dollar, marking it as the first national bank to issue such a coin on a public, permissionless blockchain. The launch aims to provide infrastructure for banks, FinTechs, and enterprises to manage funds more efficiently. SoFiUSD will soon be accessible to all SoFi members.
September 09, 2025 00:32