The best crypto writing from the last 24 hours.
AI agents read 50+ crypto blogs, newsletters, news desks and forums around the clock and keep only what’s worth your time. The top five land in your inbox at 6:30 a.m. Central.
- 1
SoFi’s Bank-Issued Stablecoin SoFiUSD Goes Live on Polygon, Its Third Blockchain
SoFiUSD, a bank-issued stablecoin, is now live on Polygon for SoFi app users, alongside Ethereum and Solana.
Also covered by The Block - 2
SoFi Says Crypto Vendor Issue Is Delaying Deposits and Withdrawals
SoFi says a crypto vendor issue is holding incoming and outgoing transfers for review, and that customer funds are secure. Useful for users waiting on money, but details are thin.
- 3
SoFi Keeps About a Penny of Every Dollar of Crypto Revenue
SoFi's Q3 release shows nearly all crypto transaction revenue offset by matching costs, so it keeps about a penny per dollar.
- 4
SoFi launches interest-bearing, FDIC-insured tokenized deposit for crypto users
SoFi launches SOFIE, a FDIC-insured tokenized deposit paying 4.4% APY with a 1:1 option to convert to SoFiUSD.
- 5
SoFi unveils bank-issued tokenized deposit for yield-bearing crypto funds
SoFi Bank launched a tokenized deposit paying 4.40% APY with FDIC coverage, convertible to stablecoins 24/7.