[SoFi Launches SoFiUSD Stablecoin for Its Banking App Users] According to The Block, SoFi Technologies announced that its USD-pegged stablecoin, SoFiUSD, is now available to 14.7 million members. Users can directly buy, sell, hold, and convert SoFiUSD within the SoFi app. This is the first stablecoin product issued by a nationwide U.S. bank and integrated into a retail banking interface. SoFiUSD currently operates on Ethereum and Solana, with plans to support tokenized deposits (with FDIC insurance), cross-border transfers, and integration with the Bullish exchange in the future.