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SoFi Bank
2026-07-01 02:36:38

SoFi Bank's Stablecoin Supply Breaks $300M, Growth Concentrated on Solana

SoFi Bank's stablecoin supply has surpassed $300 million, with recent growth primarily occurring on the Solana blockchain. This milestone highlights the deepening integration between traditional banking and public blockchains, as Solana's high throughput and low transaction costs attract institutional stablecoin issuance.

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SoFi Bank's Stablecoin Supply Breaks $300M, Growth Concentrated on Solana
SoFi
2026-06-04 03:00:50

SoFi Launches SoFiUSD Stablecoin, Becoming the First U.S. National Bank to Integrate a Proprietary Stablecoin into Its Banking App

SoFi Technologies announced the launch of SoFiUSD, a 1:1 USD-pegged stablecoin available on Ethereum and Solana, now live for its 14.7 million members. Issued by OCC-regulated SoFi Bank, N.A., the stablecoin is backed by liquid assets and undergoes regular independent audits. The move marks the first time a U.S. national bank has embedded its own stablecoin directly into a banking application.

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SoFi Launches SoFiUSD Stablecoin, Becoming the First U.S. National Bank to Integrate a Proprietary Stablecoin into Its Banking App