SoFi launches stablecoin infrastructure
This story was originally published on Banking Dive. To receive daily news and insights, subscribe to our free daily Banking Dive newsletter. SoFi Bank launched its own stablecoin, SoFiUSD, on Thursday, on the public blockchain. The launch makes good on plans SoFi had alluded to last month when it launched SoFi Crypto, its cryptocurrency trading product for retail customers. The challenger bank said at the time that it had a stablecoin in the works, and that it planned to integrate crypto into its lending ...