SoFi
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.
Reported by AI
SoFi launched a new Agentic AI ETF on September 3, designed to track global companies focused on AI technologies. The ETF provides investors with exposure to the expanding AI sector.