SoFi Unveils Ethereum Stablecoin for Trading and Payments
Yahoo Finance·2025-12-18 21:01
Financial services firm SoFi Technologies said on Thursday that it will soon offer its own stablecoin, following the company’s re-entry into crypto last month. The stablecoin, dubbed SoFiUSD, will be issued by SoFi Bank, positioning the firm as an infrastructure provider for banks and fintechs, according to a press release. SoFi described itself as among the first national banks to issue a stablecoin on a public, permissionless blockchain. Last week, the Office of the Comptroller of the Currency granted co ...