đ„ BREAKING NEWS
NASDAQ-listed SoFi has officially entered the stablecoin space with the launch of SoFiUSD đŠđ”
What stands out:
âą Issuer: SoFi Bank, N.A. â fully OCC-regulated
âą Backing: 100% cash reserves with instant redemption
âą White-label model: Other banks & fintechs can build or integrate using SoFiUSD
Why this is important:
â A publicly traded U.S. bank issuing a stablecoin is a huge step for institutional trust
â Bridges traditional banking with crypto payment and settlement rails
â Adds serious competition as PayPal ($PYUSD) and Visa push deeper into digital dollars
đĄ Big picture:
This isnât speculation anymore. TradFi and crypto are actively merging â and stablecoins are at the center of it.
Keep a close eye on this sector⊠the next major move is already forming đ
