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Home›Crypto›Bitcoin›SoFi Launches Tokenized Deposit That Earns 4.4% and Co…

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

Reported · Written up by our desk · Bitcoin

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.

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Sources

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

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