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SoFi Launches FDIC-Insured Tokenized Deposit SOFIE at 4.40% APY

SoFi Launches FDIC-Insured Tokenized Deposit SOFIE at 4.40% APY

Bullish••CoinMarketCap

SoFi Technologies launched SoFi Earn on Thursday, a bank-issued, FDIC-insured tokenized deposit paying 4.40% APY that converts 1:1 into its SoFiUSD stablecoin.

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The original article is written in English.