SoFi Earn launches with 4.40% APY on tokenized deposits. SOFIE shares bank insurance limits, while conversion to SoFiUSD ends deposit protection.
Five U.S. agencies proposed GENIUS Act customer ID rules for stablecoin issuers, while excluding ownership alone and most secondary-market transfers.
FDIC says Illinois closed Metropolitan Capital Bank & Trust on Jan. 30, 2026; First Independence Bank assumed deposits in the first U.S. failure of 2026.
A River analysis says 15 of the top 25 U.S. banks by assets are offering, launching, or exploring Bitcoin custody and trading.