Wu learned that SoFi Technologies released its Q1 2026 financial report, with adjusted net income increasing by 41% year-over-year to a record $1.1 billion, adjusted EBITDA rising 62% YoY to $340 million, and net profit reaching $167 million, marking the tenth consecutive quarter of GAAP profitability. SoFi stated that in the first quarter, it began minting the US dollar reserve stablecoin SoFiUSD, developed settlement capabilities, and supported interoperability between digital assets and fiat currencies through partners like Mastercard, promoting SoFiUSD's integration into the global payment network.

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