SoFi Enters Stablecoin Race With Bank-Issued US Dollar-Backed Token

SoFi has launched SoFiUSD, a afloat reserved U.S. dollar stablecoin issued by its nationally chartered bank, pushing a regulated lender straight into the fast-evolving satellite of onchain settlement. SoFi Brings Stablecoins Inside the Banking Perimeter SoFiUSD is designed to enactment 24/7, near-instant colony for banks, fintechs, and endeavor partners utilizing a public, permissionless blockchain, according […]