SoFi rolls out SoFiUSD stablecoin to 14.7 million app users

SoFi Technologies has made SoFiUSD available to its nearly 15 million members, becoming the first U.S. national bank to offer a bank-issued stablecoin directly inside a banking application. SoFi Opens SoFiUSD to 15 Million Users, Targets Cross-Border Transfers and Bullish Listing The San Francisco-based company announced the launch on May 27, giving members the ability […]

SoFiUSD launches in SoFi app for 14.7M members, with Ethereum, Solana, tokenized deposits, Bullish and 24/7 transfers next for users in May.

Tether has announced plans to launch GEL?, a stablecoin pegged to the Georgian Lari, in partnership with the Government of Georgia. The announcement marks one of the first efforts to place a national currency directly onto digital asset infrastructure under a purpose-built stablecoin regulatory framework. Tether’s USD? carries a market capitalization approaching $190 billion, with […] The post Digital Asset Giant Tether To Launch ‘Official Stablecoin of Georgia’ in Partnership With Government appeared first on The Daily Hodl.

XRPL’s proposed AMM curve upgrade could improve stablecoin, volatile and long-tail liquidity while adding new routing and validator risks.

Bitget has unveiled Reality, a regulated platform for issuing tokenized real-world assets tied to traditional securities. The company aims to bridge traditional and decentralized finance ( DeFi) markets by offering fully collateralized, onchain versions of stocks with institutional-grade infrastructure. Reality by Bitget Connects DeFi Markets to Tokenized Nasdaq-listed Stocks Crypto exchange Bitget has launched Reality, […]

David Hoffman says he sold ETH as the "ETH is money" thesis has played out, while staying bullish on Ethereum apps, L2s and stablecoin use.

Reap Becomes Visa Principal Member in Mexico, Expands Stablecoin Card Issuing Globally

Cloudflare CEO Matthew Prince says crypto will need to support internet-scale stablecoin micropayments if AI agents are going to coexist with the open web. In a Bankless interview on May 25, Prince argued that the internet’s ad-based business model is breaking as AI bots consume content without sending human traffic back to publishers. Why Crypto […]