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Stablecoins

SoFi Launches Bank-Issued Stablecoin on Polygon

Fintech firm SoFi has launched its bank-issued stablecoin, SoFiUSD, on the Polygon network, extending availability to 17 million members.

SoFi Launches Bank-Issued Stablecoin on Polygon
Image: BullishMarketCap

Fintech company SoFi has launched its bank-issued stablecoin, SoFiUSD, live on the Polygon network, according to BigGo Finance. The deployment opens access to the digital asset for the company's 17 million members.

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The integration brings the bank-issued stablecoin directly onto Polygon, expanding its reach across blockchain infrastructure.

Key facts

  • SoFi launched its bank-issued stablecoin, SoFiUSD, live on Polygon.
  • The deployment opens the stablecoin to 17 million members.
#SoFi#Polygon#Stablecoins

Source: news.google.com

This article is for information only and is not investment advice. BullishMarketCap news is produced with AI assistance from public sources and reviewed by our editors; see our editorial policy. Spotted an error? Tell us.

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