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๐ฐ ใSoFi First-Quarter Earnings Report: Officially Begins Minting Stablecoin SoFiUSD With Full Reserves, Net Revenue Reaches $1.1 Billionใ
BlockBeats news, on April 30, according to Businesswire, fintech company SoFi Technologies released its 2026 first-quarter earnings report. In the quarter, net revenue reached $1.1 billion, up 41% year over year, net profit totaled $167 million, and it marked the tenth consecutive quarter of GAAP profitability. SoFi disclosed that it is continuing to push forward the development of digital-asset infrastructure. In Q1, it officially kicked off the minting of its full-reserve dollar stablecoin SoFiUSD. At the same time, it is working with partners such as Mastercard to support stablecoin settlement across the global payments network. In addition, SoFi also announced that it has restarted its S... this April.
Brothers, take a good look and get this straight. SoFi, this long-established fintech company, is absolutely killing it with its first-quarter earningsโ$1.1 billion in revenueโdirectly starting to mint its own stablecoin, SoFiUSD. Isnโt that signal obvious enough? Traditional financial giants are speeding up their entry to grab their share of the stablecoin โpie,โ which shows the logic of this track is rock-solid beyond doubt. What are you still hesitating for? Donโt wait until everyone else has boarded the train and youโre still outside, slapping your thighs. Opportunities are for those who are preparedโif you ignore it today, tomorrow you wonโt be able to reach the top.
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