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.

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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.

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