SoFi rolls out SoFiUSD stablecoin to 15 million app users

TLDR SoFi has launched its dollar-backed stablecoin SoFiUSD to nearly 15 million app users. The bank allows users to buy, sell, hold, and convert SoFiUSD within its mobile platform. SoFiUSD operates on Ethereum and Solana and remains redeemable at a fixed one-to-one dollar value. The company aims to expand stablecoin use beyond crypto trading into [...]

The post SoFi rolls out SoFiUSD stablecoin to 15 million app users appeared first on Blockonomi.