Stablecoins

SoFiUSD, a stablecoin issued by SoFi Bank, goes live on Polygon alongside Ethereum and Solana

Polygon announced that SoFiUSD is live on its network, adding to existing Ethereum and Solana support. SoFi Bank, N.A. issues the token, and it is redeemable one-to-one for U.S. dollars.

Sources

  1. DeFi Prime
  2. The Block
  3. Decrypt

The Migration by tracks traditional finance moving on-chain, reading every token directly from public blockchains. See all our counts.

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