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SoFi Launches Yield-Bearing Tokenized Bank Deposit With Stablecoin Conversion

Source: NewsBTC ·
Pile of physical souvenir Bitcoin coins
File photo antanacoins / Flickr · CC BY-SA 2.0 · Source

The Quick Take

SoFi says its new SOFIE tokenized deposit represents money held at SoFi Bank, advertises 4.40% APY subject to terms, and can convert to SoFiUSD for blockchain transfers.

Read the full story at NewsBTC

Ground Level News gathers headlines from public news feeds. This page shows a short summary only; the full article and all rights belong to NewsBTC.

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