SoFi is rolling out its bank-issued SoFiUSD stablecoin to eligible users inside its SoFi app. The company makes the token available to about 14.7 million members, with support on both Ethereum and Solana networks, according to the outlets covering the announcement. The stablecoin is issued by SoFi as a regulated banking product and is integrated into the app experience for participating customers.
The reports describe the launch as part of a broader shift toward connecting regulated financial services with blockchain-based payments and token infrastructure. By distributing SoFiUSD through an existing banking channel, SoFi is positioning the stablecoin for everyday use by its customer base rather than requiring users to interact directly with exchanges or other crypto onboarding steps.
Both sources frame the rollout as a milestone for the “banking + blockchain” convergence, while sticking to the same core details: SoFiUSD is now available in the SoFi app, uses Ethereum and Solana, and reaches a large portion of SoFi’s member base.
