Company updateThe Block
SoFiUSD goes live on Polygon as bank-issued stablecoin expands reach
Positive+20
GreyOak summary
SoFi's bank-issued stablecoin, SoFiUSD, has launched on the Polygon blockchain. This addition expands the stablecoin's availability alongside its existing networks, Ethereum and Solana. The move aims to increase access for SoFi's over 17 million members.
What it affects
- PolygonPositive +20
SoFiUSD stablecoin launched on Polygon network.Rolling sentiment Neutral +3