SoFi Launches Tokenized Deposit That Earns 4.4% and Converts to a Stablecoin

Article Decrypt Staff

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.

Read the full story at Decrypt ↗

This is the summary Decrypt publishes in its feed. The full article lives on their site.