SoFi launches first US national bank-issued stablecoin on banking platform
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SoFiUSD Becomes the First Stablecoin Issued by a US National Bank to Launch on a Banking Platform
May 27, 2026 7:00 AM EDTSoFi, the first national bank to offer a stablecoin on a public blockchain, now allows its nearly 15 million members to buy, sell, and hold SoFiUSD, a bank-grade, 1:1 redeemable U.S. dollar stablecoin.
SAN FRANCISCO--(BUSINESS WIRE)-- SoFi Technologies, Inc. (NASDAQ: SOFI), a member-centric, everything app for digital financial services, announced today that SoFiUSD, a bank-issued U.S. dollar stablecoin, is available for SoFi members to buy, sell, hold, and convert directly within the SoFi app.
This marks the first time that a U.S.... More
