SoFiUSD is finally here—pegged to the US dollar, with cross-chain support as well. FDIC-insured deposits and institutional integrations are also on the way; this wave of traditional finance going on-chain has a pretty steady pace.

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SoFi Stablecoin SoFiUSD Officially Opens to App Users, Supporting Ethereum and Solana Networks
SoFiUSD has officially been made available to app users, pegged to the US dollar, initially supporting buying, holding, and exchanging on the Ethereum and Solana networks. In the coming weeks, tokenized deposits with FDIC insurance, cross-border transfers, and institutional-focused Bullish exchange integration services will be launched.
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