SoFi has added XRP to its platform, extending direct crypto access to 13.7 million users in the United States. The move lets customers deposit and manage XRP inside SoFi’s app, removing the need to open a separate exchange account or rely on an external wallet.
XRP joins SoFi’s expanding crypto lineup
SoFi, a tech-focused financial institution with a US banking license, launched SoFi Crypto last November. At that stage, customers could buy and sell Bitcoin, Ethereum, and Solana through FDIC-insured accounts. In February, the company also enabled Solana deposits, a step the source describes as a first among licensed US banks. XRP is now the latest asset added to that offering.
The practical change is simple. Users can handle another digital asset from within a familiar banking interface instead of moving across multiple services. That places XRP closer to routine account activity and portfolio management, not just standalone crypto trading.
Digital assets move deeper into everyday banking apps
According to the source material, cryptocurrencies inside banking apps are no longer limited to a buy-and-hold use case. They are also being used for transfers, spending, and portfolio management within the same financial application. With XRP integrated into SoFi, digital assets are becoming more visible in day-to-day finance.
The article cites bank-related statements saying that once XRP is built into banking apps, users can treat crypto as part of their regular financial toolkit without extra steps or technical expertise.
Bank distribution channels widen crypto exposure
The report says market experts see these integrations as a factor that can improve liquidity and adoption across the digital asset market. When major consumer platforms add direct crypto functions, the number of new users and active participants can rise quickly. In that context, SoFi’s support for XRP is presented as another sign that crypto is moving beyond a specialist audience and reaching a broader public through familiar financial platforms.
The source also notes that new channels opened by the banking sector could have long-term effects on the crypto market’s reach and liquidity.