SoFi Technologies didn’t just launch another crypto product. It quietly did something no U.S. national bank has done before: it put a fully reserved stablecoin on a public blockchain and embedded it directly into a regulated banking stack. [RELEASE]
With SoFi Big Business Banking, companies don’t need to “move into crypto.” They can stay inside a familiar banking interface, hold dollars, mint SoFiUSD on Solana, and move money 24/7, no wires, no intermediaries, no fragmented custody setup. We’ve seen pieces of this before with payments and custodians. But this is the first time it’s been packaged as a single, coherent system inside a bank.
