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š„Breakingš¦Ā NASDAQ-LISTED SOFI LAUNCHES REGULATED STABLECOINš
Big news from TradFi:Ā SoFi Technologies ($SOFI), a NASDAQ-listed digital bank, has just launchedĀ SoFiUSDāa fully reserved, 1:1 cash-backed dollar stablecoin.
Key Details:
Issuer:Ā SoFi Bank, N.A. (regulated by the OCC)
Backing:Ā 100% cash reserves, immediate redemption
White-Label Option:Ā SoFiās infrastructure will allow other banks and fintechs to launch their own stablecoins or integrate SoFiUSD
Why This Matters for Crypto:
ā Ā Mainstream Validation:Ā A publicly traded, regulated U.S. bank entering the stablecoin space signalsĀ growing institutional acceptanceĀ of digital assets.
ā Ā Regulatory Bridge:Ā This move could accelerateĀ bank adoption of crypto railsĀ for payments and settlements, bringing more liquidity into the ecosystem.
ā Ā Stablecoin Wars Heat Up:Ā With PayPal ($PYUSD), Visa explorations, and now SoFiUSD, the race forĀ bank-issued digital dollarsĀ is officially on.
Bottom Line:Ā Another brick in the wall ofĀ traditional finance merging with crypto.Ā Adoption isnāt comingāitās already here.
Are you watching the stablecoin sector for the next big move?
$ACT
$BARD
#SOFI #stablecoin #SoFiUSD
Big news from TradFi:Ā SoFi Technologies ($SOFI), a NASDAQ-listed digital bank, has just launchedĀ SoFiUSDāa fully reserved, 1:1 cash-backed dollar stablecoin.
Key Details:
Issuer:Ā SoFi Bank, N.A. (regulated by the OCC)
Backing:Ā 100% cash reserves, immediate redemption
White-Label Option:Ā SoFiās infrastructure will allow other banks and fintechs to launch their own stablecoins or integrate SoFiUSD
Why This Matters for Crypto:
ā Ā Mainstream Validation:Ā A publicly traded, regulated U.S. bank entering the stablecoin space signalsĀ growing institutional acceptanceĀ of digital assets.
ā Ā Regulatory Bridge:Ā This move could accelerateĀ bank adoption of crypto railsĀ for payments and settlements, bringing more liquidity into the ecosystem.
ā Ā Stablecoin Wars Heat Up:Ā With PayPal ($PYUSD), Visa explorations, and now SoFiUSD, the race forĀ bank-issued digital dollarsĀ is officially on.
Bottom Line:Ā Another brick in the wall ofĀ traditional finance merging with crypto.Ā Adoption isnāt comingāitās already here.
Are you watching the stablecoin sector for the next big move?
$ACT
$BARD
#SOFI #stablecoin #SoFiUSD
See original
Big news for the crypto world and traditional banking!
A US national bank (SoFi Bank) has just launched its own stablecoin: SoFiUSD, the first stabilizer issued by a federally licensed national bank on a public blockchain (first Ethereum, then multi-chain).
100% backed by cash held directly in the bank's account with the Federal Reserve (Fed) ā no credit or liquidity risk.
Protected by FDIC insurance and subject to full federal banking oversight.
The big question: Can a stabilizer issued by a real bank compete with market giants like USDT and USDC? SoFi's smart strategy:
It's not fighting USDT in the day trading arena (where Tether's massive liquidity is currently unstoppable),
but rather targeting large institutions that fear the risks of stablecoins (the "native crypto"), and providing the infrastructure for banks and companies to issue their own stablecoins (all interchangeable). With the new GENIUS Act encouraging banks to issue stablecoins, if other banks follow suit... we could see a major shift towards "bank-grade" stablecoins. Is this the beginning of a true convergence between traditional finance and crypto?
I think we are on the cusp of a completely new era.
#Bitcoin
#BTC #Stablecoin
#SoFiUSD #ŁŲ±ŁŲØŲŖŁ
$UFD
A US national bank (SoFi Bank) has just launched its own stablecoin: SoFiUSD, the first stabilizer issued by a federally licensed national bank on a public blockchain (first Ethereum, then multi-chain).
100% backed by cash held directly in the bank's account with the Federal Reserve (Fed) ā no credit or liquidity risk.
Protected by FDIC insurance and subject to full federal banking oversight.
The big question: Can a stabilizer issued by a real bank compete with market giants like USDT and USDC? SoFi's smart strategy:
It's not fighting USDT in the day trading arena (where Tether's massive liquidity is currently unstoppable),
but rather targeting large institutions that fear the risks of stablecoins (the "native crypto"), and providing the infrastructure for banks and companies to issue their own stablecoins (all interchangeable). With the new GENIUS Act encouraging banks to issue stablecoins, if other banks follow suit... we could see a major shift towards "bank-grade" stablecoins. Is this the beginning of a true convergence between traditional finance and crypto?
I think we are on the cusp of a completely new era.
#Bitcoin
#BTC #Stablecoin
#SoFiUSD #ŁŲ±ŁŲØŲŖŁ
$UFD
See original
š„³SoFi Bank officially launches SoFiUSD, becoming the first national bank in the U.S. to issue a stablecoin.
SoFiUSD is 100% backed by cash at a 1:1 ratio, allowing for instant conversion, with no liquidity or credit risk, operating 24/7 on the blockchain.
This move marks a significant step for traditional banks into the digital asset infrastructure.
#stablecoin
#SoFiUSD
SoFiUSD is 100% backed by cash at a 1:1 ratio, allowing for instant conversion, with no liquidity or credit risk, operating 24/7 on the blockchain.
This move marks a significant step for traditional banks into the digital asset infrastructure.
#stablecoin
#SoFiUSD
1) New Stablecoin Launch ā #SoFiUSD
A major U.S. bank (SoFi) has launched a fully backed USD stablecoin aimed at secure, lowācost settlements and global use ā potentially big for crypto adoption in payments and remittance flows. This is a real institutional push boosting confidence and infrastructure.
A major U.S. bank (SoFi) has launched a fully backed USD stablecoin aimed at secure, lowācost settlements and global use ā potentially big for crypto adoption in payments and remittance flows. This is a real institutional push boosting confidence and infrastructure.
See original
SoFiUSD: when digital dollars exit the crypto ecosystem
The launch of a banking stablecoin by SoFi marks a turning point in the real and regulated adoption of digital money in the U.S.
While the crypto market discusses price narratives and cycles, the true monetary transformation is advancing along another track. SoFi, one of the most relevant banking fintechs in the United States, takes a key step by launching SoFiUSD, a stablecoin issued under a regulated banking framework. Itās not DeFi, itās not a native crypto experiment: itās licensed digital money, designed to operate within the traditional financial system.
While the crypto market discusses price narratives and cycles, the true monetary transformation is advancing along another track. SoFi, one of the most relevant banking fintechs in the United States, takes a key step by launching SoFiUSD, a stablecoin issued under a regulated banking framework. Itās not DeFi, itās not a native crypto experiment: itās licensed digital money, designed to operate within the traditional financial system.
#SOFI Launches SoFiUSD Stablecoin to Modernize Financial Settlements
SoFi Technologies has launched #SoFiUSD , a fully reserved US dollar stablecoin issued by SoFi Bank, marking the first time a national bank has issued a stablecoin on a public, permissionless blockchain.
The #stablecoin is designed to provide modern settlement and payment infrastructure for banks, fintechs, and enterprise platforms, enabling near-instant transactions at minimal cost.
SoFiUSD is initially deployed on Ethereum and is fully backed 1:1 by cash reserves held at SoFi's Federal Reserve account. This structure aims to eliminate liquidity and credit risk while allowing yield to be shared with partners.
The launch allows partners to integrate the stablecoin into existing payment flows or issue their own white-label stablecoins using SoFi's bank-grade infrastructure. Use cases are expected to include card network settlements, international remittances, retailer payments, and crypto trading.
This initiative builds on SoFi's expansion into crypto services and reflects a broader industry trend of fintech and payment firms pursuing stablecoin solutions to modernize financial infrastructure.
#USGDPUpdate #BTCVSGOLD
SoFi Technologies has launched #SoFiUSD , a fully reserved US dollar stablecoin issued by SoFi Bank, marking the first time a national bank has issued a stablecoin on a public, permissionless blockchain.
The #stablecoin is designed to provide modern settlement and payment infrastructure for banks, fintechs, and enterprise platforms, enabling near-instant transactions at minimal cost.
SoFiUSD is initially deployed on Ethereum and is fully backed 1:1 by cash reserves held at SoFi's Federal Reserve account. This structure aims to eliminate liquidity and credit risk while allowing yield to be shared with partners.
The launch allows partners to integrate the stablecoin into existing payment flows or issue their own white-label stablecoins using SoFi's bank-grade infrastructure. Use cases are expected to include card network settlements, international remittances, retailer payments, and crypto trading.
This initiative builds on SoFi's expansion into crypto services and reflects a broader industry trend of fintech and payment firms pursuing stablecoin solutions to modernize financial infrastructure.
#USGDPUpdate #BTCVSGOLD
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