A BANKING GIANT HAS JUST DECLARED WAR ON THE STABLECOIN MARKET
જ⁀➴
SoFi didn’t come to play. SoFiUSD has landed on Polygon, joining Ethereum and Solana.
The heavy artillery is clear. More than 17 million users just one click away, no complex wallets, backed by the OCC, and pegged exactly to the dollar.
But don’t get your hopes up. The hype hides pitfalls. Where are the volume and supply figures? Having the door open doesn’t guarantee people will walk in. And red alert: it’s a payment stablecoin, with no FDIC or SIPC safety net. The 4.40 percent yield requires SoFi Earn.
The stablecoin pie shrank by 1.5 percent last week. To survive, SoFi will have to steal customers from its rivals. At your trading desk, what matters more: a regulatory stamp of approval or real liquidity?
$POL
$AKE
$BARD
Follow the page and turn on notifications. Don’t be late. Whatever the next update is, I’ll post it here first.
#sofiexpandssofiusdstablecointopolygon
જ⁀➴
SoFi didn’t come to play. SoFiUSD has landed on Polygon, joining Ethereum and Solana.
The heavy artillery is clear. More than 17 million users just one click away, no complex wallets, backed by the OCC, and pegged exactly to the dollar.
But don’t get your hopes up. The hype hides pitfalls. Where are the volume and supply figures? Having the door open doesn’t guarantee people will walk in. And red alert: it’s a payment stablecoin, with no FDIC or SIPC safety net. The 4.40 percent yield requires SoFi Earn.
The stablecoin pie shrank by 1.5 percent last week. To survive, SoFi will have to steal customers from its rivals. At your trading desk, what matters more: a regulatory stamp of approval or real liquidity?
$POL
$AKE
$BARD
Follow the page and turn on notifications. Don’t be late. Whatever the next update is, I’ll post it here first.
#sofiexpandssofiusdstablecointopolygon
