Crypto

SoFi Launches SoFiUSD Stablecoin Across Ethereum and Solana

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In brief

  • SoFi launched SoFiUSD, the first stablecoin issued by a U.S. national bank available directly inside a consumer banking app, accessible to nearly 15 million members.
  • The token is redeemable 1:1 for U.S. dollars, backed by liquid assets, and runs on the Ethereum and Solana blockchains.
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