The launch makes SoFi the first national bank to issue a stablecoin on a public, permissionless blockchain, the company said in a Thursday (Dec. 18) news release.
SoFi said the coin will allow it to act as a stablecoin infrastructure provider for banks, FinTechs, and enterprise platforms. Because SoFiUSD is on a public, permissionless blockchain, partners can move funds 24/7 with near-instant settlement “at fractional-cent pricing,” the release said.
This lets them better manage liquidity and deliver faster and more transparent services to their customers, the company added, noting that SoFiUSD will soon be available to all SoFi members.
“Blockchain is a technology super cycle that will fundamentally change finance, not just…
Dec 18 2025
