CONNECT WITH US
Web3 & Blockchain

Web3 & Blockchain

SoFi Launches SOFIE Tokenized Deposit With 4.4% APY

The Defiant logo

Published on

Add as a preferred source on Google
SoFi Launches SOFIE Tokenized Deposit With 4.4% APY

Members can convert the deposit into SoFiUSD at a 1:1 rate, but deposit interest and FDIC coverage do not follow the money into the stablecoin.

Members can convert the deposit into SoFiUSD at a 1:1 rate, but deposit interest and FDIC coverage do not follow the money into the stablecoin.

svg]:px-3 text-sm font-normal text-accent-foreground border rounded-lg px-4 py-2 hover:bg-cta-primary-background" data-slot="button" href="/tag/sofi">SoFi svg]:px-3 text-sm font-normal text-accent-foreground border rounded-lg px-4 py-2 hover:bg-cta-primary-background" data-slot="button" href="/tag/stablecoins">Stablecoins svg]:px-3 text-sm font-normal text-accent-foreground border rounded-lg px-4 py-2 hover:bg-cta-primary-background" data-slot="button" href="/tag/banking">Banking

Choose your coverage: crypto and DeFi, the future of finance, or both.

Choose your newsletters The Defiant Daily Monday–Friday Independent reporting on crypto and DeFi. The stories that matter, in your inbox. Converge Weekly Tokenization, stablecoins, and the institutions bringing finance onchain. Email address



Source link
Related Topics:Web3 & Blockchain

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We TheMorningPulse.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It's possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.