A nationally chartered US bank just launched a stablecoin on
@solana.
Not a crypto native. Not a neobank. A $50B OCC regulated institution with a Fed Master Account, which means reserves held directly at the Fed, not spread across commercial banks hoping they've matched their liabilities. 100% liquid. No duration risk. No counterparty in the critical path.
It has been amazing working closely with the
@SoFi team! Deep dive dropping soon with the
@SoFi execs building this. 🎙️
Say “hi” to SoFiUSD (SoFiD) 👋
The first stablecoin issued by a U.S. national bank and redeemable 1:1 for cash or cash equivalents. Rolling out now, it’s built for how money moves today: fast, flexible, 24/7.
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