Does the Upcoming SoFi USD Crypto Launch Make SOFI Stock a Buy, Sell, or Hold?
Cryptocurrency trading is not just a niche anymore. It is becoming a serious part of mainstream finance. From PayPal (PYPL) to Morgan Stanley (MS), heavyweights are stepping into digital assets, signaling how quickly this space is evolving. Now, SoFi Technologies (SOFI) wants a bigger slice of that pie.
CEO Anthony Noto confirmed that SoFi plans to roll out crypto trading in 2025 and launch its own SoFi USD stablecoin by mid-2026. It’s a strategic play that could deepen customer engagement while keeping SoFi competitive in the fintech race.
The timing couldn’t be more interesting. SoFi just posted stellar third-quarter earnings results, outperforming Wall Street’s expectations and raising full-year guidance….
