SoFi Launches Tokenized Deposit That Earns 4.4% and Converts to a Stablecoin
Markitel Research
Compiled from the source reports listed below. Informational only — not investment advice.
4 reports from 4 outlets.
Sources
- DecryptPublished 2026-10-22 12:01 UTC
SoFi Launches Tokenized Deposit That Earns 4.4% and Converts to a Stablecoin
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.
- The BlockPublished 2026-10-22 12:00 UTC
SoFi launches interest-bearing, FDIC-insured tokenized deposit for crypto users
SoFi has launched SOFIE, a tokenized deposit offering 4.4% APY and FDIC insurance, with the option to convert to SoFiUSD.
- Seeking AlphaPublished 2026-10-22 11:50 UTC
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- Investing.comPublished 2026-10-22 11:48 UTC
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Compiled by Markitel Research. Publication dates identify the source reports; the events they describe may be earlier.