Market Dynamics & Expansion - SoFiUSD stablecoin expanded its presence across cryptocurrency markets by launching on the Monad network via BitGo [1] - BitGo supported the distribution expansion utilizing its Stablecoin as a Service platform [1] Financial & Issuance Highlights - SoFiUSD is a dollar-pegged asset issued by SoFi Bank, supporting a **1:1** redemption rate for U.S. dollars [1] - The asset marks the first stablecoin issued by a U.S. nationally chartered bank on a public blockchain [1]