SoFi brings bank-issued stablecoin to 15 million users in crypto push

Bullish-3.50%
27 May, 11:00
Source: CoinDesk

AI Summary

SoFi launches a dollar-backed stablecoin for its 15 million users, enabling trading, transfers, and yield earning through its banking app as part of its crypto expansion strategy.

The fintech platform says its dollar-backed stablecoin will let members trade, transfer and eventually earn yield through its banking app.