← Back to news

SoFi Launches Tokenized Deposit That Earns 4.4% and Converts to a Stablecoin

2026-10-22Industry newsReads: 5

Each SOFIE token represents $1 on deposit at SoFi Bank, earning 4. 40% APY with FDIC insurance—a yield-and-protection combination ordinary stablecoins lack.

Source: Decrypt

Curated by GTokenTool. All rights reserved by the original publisher. For informational purposes only — not investment advice.

More in this category

Tools for this