SoFiUSD is live on Polygon for in-app purchases and business settlement. SoFi’s wallet transfer guide still lists Solana for sending SOFID.
SoFi reports 503,070 crypto accounts and $161.6 million in gross transaction revenue. Net revenue was $1.633 million, a crucial distinction for investors.
SoFi Earn launches with 4.40% APY on tokenized deposits. SOFIE shares bank insurance limits, while conversion to SoFiUSD ends deposit protection.
SoFiUSD settlement is live on Mastercard as SoFi migrates its $25B card program. The annual volume target differs from completed blockchain payments.