SoFi Technologies Launches SoFiUSD Stablecoin

SoFi Technologies Inc (NASDAQ:SOFI) has launched its stablecoin, SoFiUSD, available for purchase within its banking app. The stablecoin is backed by liquid assets and redeemable at a one-to-one ratio with US dollars.

By Abdul Rahman Mon, June 8, 2026 at 2:57 PM GMT+3 2 min read · Yahoo Finance ·

SoFi Technologies Launches SoFiUSD Stablecoin

Tickers: $HOOD $SOFI

Topics: banking_app cryptocurrency digital_assets product_announcement

Read the full article at Yahoo Finance

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