SoFi Launches Bank-Backed Stablecoin SOFIUSD on Ethereum and Solana

SoFi has launched SOFIUSD, a bank-backed stablecoin pegged to the U.S. dollar, available on both Ethereum and Solana blockchains. The token is backed by reserves of short-term Treasury bills and cash held at FDIC-insured institutions with monthly audits by Deloitte.

By Alex Ioannou Sat, May 30, 2026 at 2:44 PM GMT+3 4 min read · Yahoo Finance · May 30, 2026, 11:44 UTC

SoFi Launches Bank-Backed Stablecoin SOFIUSD on Ethereum and Solana

Tickers: $SOFI

Topics: DeFi Regulation SoFi Solana Stablecoins

Read the full article at Yahoo Finance

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