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SoFi Launches Fully Reserved Stablecoin SoFiUSD to Power Financial Infrastructure for Banks, Fintechs, and Enterprise Partners

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by COINS NEWS 27 Views

SoFi is now the first national bank to offer open access to its stablecoin, SoFiUSD, and stablecoin infrastructure, bringing bank-grade oversight and reliability to companies looking to integrate stablecoin products and services. With SoFiUSD on a public, permissionless blockchain, partners can move funds around the clock with near-instant settlement at fractional-cent pricing. This enables them to manage liquidity with more confidence and deliver faster and more transparent services to their customers. SoFiUSD will also be available soon to all SoFi members.

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