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2026-10-22 14:35:06 UTC

RWATimes.io on Nostr: πŸ“° SoFi launches tokenized bank deposit offering 4.40% APY πŸ—“οΈ Oct 22 2026 ...

πŸ“° SoFi launches tokenized bank deposit offering 4.40% APY
πŸ—“οΈ Oct 22 2026 13:09 UTC - Olivia Stephanie

SoFi launches SOFIE, a tokenized bank deposit offering 4.40% APY and FDIC protection, with 1:1 conversion to SoFiUSD for crypto trading and transfers.

➀ SoFi has launched SOFIE, a tokenized bank deposit offering 4.40% APY and FDIC protection, representing a digital dollar held at SoFi Bank.
➀ SOFIE can be converted 1:1 to SoFiUSD for cryptocurrency trading and transfers, providing a yield on idle funds before crypto transactions.
➀ This product is distinct from traditional stablecoins and aims to integrate traditional banking with digital asset functionalities, building on SoFi's existing crypto offerings.

#sofi #sofie #tokenizeddeposit #440apy #fdicinsured #sofiusd #stablecoin #digitaldollar #cryptotrading #bankcharter

πŸ”— Read more at: https://rwatimes.io/articles/crypto-so-fi-launches-tokenized-bank-deposit-offering-4-40-apy-2095152538