2 SoFi Launches SoFiUSD ๐
๐ต SoFi has launched its own USD stablecoin, โSoFiUSD.โ
The stablecoin is fully backed by U.S. dollars and designed for payments, transfers, and future on-chain use within SoFiโs ecosystem.
Why it matters ๐
Shows big fintech moving deeper into crypto
Boosts stablecoin adoption in mainstream finance
Adds competition to USDT & USDC
Bottom Line:
TradFi ร Crypto integration is accelerating โ stablecoins are becoming a core financial tool, not just a crypto product.
