Mar. 11 at 8:45 AM
$XLE $SOFI $V $MA $INTU
The biggest shifts in finance rarely begin with flashy headlines—they start quietly within the infrastructure that moves money. That’s exactly what’s happening at SoFi Technologies. The company recently introduced SoFi USD, a bank-backed stablecoin issued on the Ethereum blockchain and designed to function as a fully regulated digital dollar. Unlike many crypto-native tokens, this stablecoin is backed one-to-one by real U.S. dollars held within the banking system. If successful, the move could allow SoFi to sit at the intersection of traditional banking, blockchain settlement, and global digital payments—three forces rapidly reshaping the financial industry.
In the full newsletter, discover why SoFi’s strategy could create new revenue streams, reshape payment infrastructure, and position the company as a key player in the future of digital finance.
https://www.wizeinvesting.com/p/sofi-s-blockchain-bet-a-new-era-for-digital-banking