{"id":73147,"date":"2026-05-27T12:53:53","date_gmt":"2026-05-27T12:53:53","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/sofi-launches-sofiusd-stablecoin-for-15-million-members-as-first-us-bank-on-a-banking-app-bitcoin-news\/"},"modified":"2026-05-27T12:53:53","modified_gmt":"2026-05-27T12:53:53","slug":"sofi-launches-sofiusd-stablecoin-for-15-million-members-as-first-us-bank-on-a-banking-app-bitcoin-news","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/sofi-launches-sofiusd-stablecoin-for-15-million-members-as-first-us-bank-on-a-banking-app-bitcoin-news\/","title":{"rendered":"SoFi Launches SoFiUSD Stablecoin for 15 Million Members as First US Bank on a Banking App \u2013 Bitcoin News"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">SoFi Bank launched SoFiUSD on May 27, 2026, making it the first U.S. national bank-issued stablecoin available on a banking app.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Nearly 15 million SoFi members can now buy, hold, and convert SoFiUSD on Ethereum and Solana, with Bullish exchange access coming soon.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">SoFi plans to add FDIC-insured tokenized deposits and 24\/7 cross-border transfers within weeks, expanding stablecoin utility across its full ecosystem.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>SoFi Opens SoFiUSD to 15 Million Users, Targets Cross-Border Transfers and <span>Bullish<\/span> Listing<\/h2>\n<p>The San Francisco-based company <a href=\"https:\/\/investors.sofi.com\/news\/news-details\/2026\/SoFiUSD-Becomes-the-First-Stablecoin-Issued-by-a-US-National-Bank-to-Launch-on-a-Banking-Platform\/default.aspx\" target=\"_blank\" rel=\"noopener noreferrer\">announced<\/a> the launch on May 27, giving members the ability to buy, sell, hold, and convert SoFiUSD within the SoFi app. The <span>stablecoin<\/span> is issued by SoFi Bank, N.A., which is regulated by the Office of the Comptroller of the Currency (OCC).<\/p>\n<p><a href=\"https:\/\/news.bitcoin.com\/sofi-technologies-launches-first-national-bank-enterprise-crypto-and-stablecoin-platform\/\">SoFiUSD<\/a> is designed to hold a 1:1 value against the U.S. dollar and is redeemable directly from SoFi Bank. The bank maintains liquid assets to back all outstanding SoFiUSD in circulation.<\/p>\n<p>\u201cPeople no longer have to choose between <span>blockchain<\/span> technology and regulated banking products,\u201d said Anthony Noto, CEO of SoFi. \u201cWith SoFiUSD, we\u2019re giving our members a single place to buy, hold, and pay with digital assets in the same app they already use to save, spend, borrow, and invest.\u201d<\/p>\n<p>SoFiUSD is live on both Ethereum and <span>Solana<\/span>, two of the largest public <span>blockchain<\/span> networks by transaction <span>volume<\/span>. SoFi said additional networks will be added over time. Members benefit from regular independent attestations conducted by a U.S.-licensed certified public accountant. The audits are intended to provide the same level of transparency members expect from a regulated banking institution.<\/p>\n<p>Full availability is expected by early June as users update to the latest version of the SoFi app. Today\u2019s release is the first phase of a broader product roadmap. Within weeks, SoFi plans to introduce the ability for members to convert SoFiUSD into tokenized deposits, which would allow them to earn interest and access <a href=\"https:\/\/news.bitcoin.com\/fdic-board-advances-proposed-bank-secrecy-act-rule-for-stablecoin-issuers\/\">FDIC<\/a> insurance on those funds.<\/p>\n<p>SoFi also plans to enable cross-border transfers using the <span>stablecoin<\/span>, allowing members to move value globally around the clock at lower costs than traditional wire transfer systems.<\/p>\n<p>The company confirmed a partnership with <span>Bullish<\/span>, a centralized digital asset exchange, to bring SoFiUSD to institutional traders. The listing is designed to support stable pricing and high- <span>volume<\/span> execution for professional clients.<\/p>\n<p>SoFiUSD carries the ticker SOFID on the <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-a-blockchain\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">blockchain<\/a>. The token is not a deposit, not insured by the FDIC or SIPC, and not legal tender. The company disclosed that <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-a-blockchain\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">blockchain<\/a> transactions are generally irreversible and may be subject to delays or permanent loss.<\/p>\n<p>SoFi operates as a financial services super app with 14.7 million members and also runs Galileo, a technology platform used by fintechs, banks, and brands across 133 million global accounts.<\/p>\n<p>The move positions SoFi ahead of most traditional finance (TradFi) banks in offering regulated <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-are-stablecoins\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">stablecoin<\/a> access at scale, at a moment when U.S. policymakers are actively debating federal <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-are-stablecoins\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">stablecoin<\/a> legislation.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/sofi-launches-sofiusd-stablecoin-for-15-million-members-as-first-us-bank-on-a-banking-app\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways SoFi Bank launched SoFiUSD on May 27, 2026, making it the first U.S. national bank-issued stablecoin available on a banking app. Nearly 15 million SoFi members can now buy, hold, and convert SoFiUSD on Ethereum and Solana, with Bullish exchange access coming soon. SoFi plans to [&hellip;]<\/p>\n","protected":false},"author":19,"featured_media":73148,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/73147"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/19"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=73147"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/73147\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/73148"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=73147"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=73147"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=73147"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}