Traditional banks are finally getting into stablecoins, and SoFi's move is quite aggressive, with 14.7 million users switching seamlessly.

SOFI-0.60%
View Original
MeNews
SoFi launches SoFiUSD stablecoin to its banking app users
SoFi Technologies announces that the USD-pegged stablecoin SoFiUSD is now available to 14.7 million members, allowing users to buy, hold, and convert within the SoFi app, becoming the first stablecoin issued by a nationwide U.S. bank and integrated into a retail banking interface. In the future, it will connect to tokenized deposits (FDIC insured), cross-border transfers, and integrate with the Bullish exchange.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned