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Techub News reports, according to Cointelegraph, that fintech company SoFi announced its Q1 2025 financial report, achieving revenue of $1.1 billion, a year-over-year increase of 41%, setting a new record. At the same time, the company officially launched the stablecoin SoFiUSD and announced the expansion of its cryptocurrency payment business. SoFi is a publicly listed fintech company in the United States, offering comprehensive financial services including digital banking, loans, and investments. The launch of SoFiUSD marks the company's further foray into the Web3 space, aiming to provide users with more efficient cross-border payments and digital asset trading experiences.