[SoFi Integrates SoFiUSD into Polygon Payment Network] Odaily reports that fintech company SoFi has integrated its stablecoin, SoFiUSD, into the Polygon Open Money Stack. This stablecoin is the first issued by a national U.S. bank and was previously running on Ethereum and Solana. Over 17 million SoFi users can buy, sell, hold, and exchange SoFiUSD through the SoFi app without needing a separate crypto wallet or manual cross-chain transactions. SoFiUSD is pegged 1-1 to the U.S. dollar and is issued by SoFi Bank, regulated by the U.S. Office of the Comptroller of the Currency. It is already used to settle all SoFi Mastercard card transactions. This stablecoin is not a bank deposit, is not insured by the FDIC or SIPC, and is neither guaranteed by a bank nor legal tender. (Decrypt)