📰 SoFi Bridges Centralized Banking and Public Blockchains with Mass Stablecoin Rollout - FinanceFeeds
🗓️ May 28 2026 05:49 UTC - Karthik Subramanian
➤ SoFi Bank has launched its own dollar-pegged stablecoin, SoFiUSD, directly within its consumer banking app, marking a significant institutional milestone for a US federally chartered bank.
➤ The stablecoin is deployed on both Ethereum and Solana, offering users a choice between deep liquidity and fast, low-cost settlements, with a 1:1 redemption guarantee backed by fiat assets held at SoFi Bank.
➤ This initiative aims to bridge traditional banking with public blockchains, offering tokenized deposits with FDIC insurance on-platform and transactional freedom off-platform, while also positioning SoFi for institutional settlement dominance.
#sofi #sofiusd #stablecoin #tokenizeddeposits #ethereum #solana #fdicinsured #mastercard #institutionalsettlement #digitaldollar
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SoFi Bridges Centralized Banking and Public Blockchains with Mass Stablecoin Rollout - FinanceFeeds
SoFi Bank has launched its own dollar-pegged stablecoin, SoFiUSD, directly within its consumer banking app, marking a significant institutional mil...














