SoFi Launches Bank Issued Stablecoin for Enterprise Payments
SoFi has entered the stablecoin market with the launch of SoFiUSD, positioning itself as the first U.S. national bank to issue a dollar backed digital token for enterprise payments. Issued directly by SoFi Bank, which is nationally chartered and FDIC insured, the stablecoin is fully backed one to one by cash held at the Federal […]