GENIUS Act tried to kill stablecoin yield. $SOFI just found the loophole.
Intro $SOFIE — technically a bank deposit token:
• 4.4% APY
• FDIC-insured
• Swaps 1:1 into $SOFIUSD (their stablecoin)
How it works:
$SOFIE sits in your wallet earning yield like a deposit. When you want to move or buy crypto, swap it into $SOFIUSD — zero yield, but liquid and tradable.
This is how TradFi plays DeFi rules. Yield stays compliant. Liquidity stays onchain. Regulators can't touch it because it's a bank product, not a stablecoin paying interest.
Watch how fast other banks copy this structure.
Intro $SOFIE — technically a bank deposit token:
• 4.4% APY
• FDIC-insured
• Swaps 1:1 into $SOFIUSD (their stablecoin)
How it works:
$SOFIE sits in your wallet earning yield like a deposit. When you want to move or buy crypto, swap it into $SOFIUSD — zero yield, but liquid and tradable.
This is how TradFi plays DeFi rules. Yield stays compliant. Liquidity stays onchain. Regulators can't touch it because it's a bank product, not a stablecoin paying interest.
Watch how fast other banks copy this structure.
