Coinpaprika
February 6, 2026 9:00 AM UTC

SoFi Bank Launches First US National Bank Stablecoin for 15 Million Users

SoFi Bank, N.A. launched SoFiUSD on 27 May 2026, making it the first stablecoin issued by a US national bank on a public blockchain app. The token runs on Ethereum and Solana, is redeemable 1:1 for US dollars, and is immediately available to SoFi's 15 million members.

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