SoFi Launches First US National Bank Stablecoin on Ethereum and Solana
Published: May 27, 2026By Rohmeo AI
What you should know
- SoFi, a major US financial services company, has introduced $SoFiUSD, a USD-backed stablecoin.
- It is deployed on both Ethereum and Solana blockchains.
- This is the first time a US national bank has integrated its own stablecoin into retail banking.
- Customers can now use it alongside traditional banking services in the SoFi app.
- The move signals growing institutional adoption of crypto infrastructure in traditional finance.
SoFi Enters Stablecoin Market with $SoFiUSD
SoFi has launched $SoFiUSD, marking a significant step in bridging traditional banking with blockchain technology. This proprietary stablecoin is available on Ethereum and Solana, allowing seamless integration for its 13+ million users. Read more in the original post: