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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.

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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.

Why this matters

This maps to the Stablecoins hub, so it can help confirm whether that theme is gaining breadth across the crypto news cycle.

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