SoFi's stablecoin SoFiUSD launches with 14.7 million potential users
Bank SoFi launches its stablecoin SoFiUSD, backed by its banking reserves, targeting 14.7 million potential customers.
Published 7sem1 sourceNotable
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The fact
This bank-backed stablecoin positions itself as a regulated alternative to decentralized stablecoins, offering greater regulatory compliance.
The launch reinforces the trend of traditional financial institutions penetrating the stable digital asset market.
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