SoFi Launches Fully Reserved Stablecoin on Ethereum and Solana Networks
Key Takeaways SoFi became the first U.S. national bank to launch a stablecoin on public blockchains, with SoFiUSD now live on Ethereum and Solana. SoFiUSD is fully backed 1:1 by U.S. dollar reserves held through SoFi Bank, offering a regulated alternative to crypto-native stablecoins. Ethereum gives SoFiUSD access to DeFi and institutional infrastructure, while Solana...
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