SoFi Technologies Launches Full Reserve Dollar Stablecoin SoFiUSD
2025-12-18 13:08:10
Nasdaq-listed digital fintech company SoFi Technologies has announced the launch of a full reserve dollar stablecoin, SoFiUSD, enabling SoFi to provide a stablecoin infrastructure for banks, fintech companies, and enterprise platforms that will be able to leverage SoFi's bank-grade infrastructure to streamline their operations through faster and more efficient capital flows. It is reported that the stablecoin will run on the public chain and be fully reserved at a 1:1 cash ratio, with immediate redemption.
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