SoFi is the first nationally chartered U.S. bank to offer its own coin with the launched of SoFiUSD.

The new US dollar coin is built on Ethereum. A platform that prioritizes security and decentralization.It is backed 1:1 by cash reserves and would be able to share an attractive yield to SoFiUSD holders and partners.Modernizing finance with faster and cheaper payments for fintechs, banks, and members.SoFiUSD can also be used for cost effective, efficient way to move funds for businesses.It allows integration with services such as SoFi Pay to handle remittances and card network settlements.This takes banking into the modern era with fast, cheaper, efficient money transactions on a secure, decentralized platform that runs smart contracts. via /r/stocks https://ift.tt/TYo8eZp