SoFi Brings Its Bank-Issued Stablecoin to Polygon’s Payments Stack
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SoFi unveils bank-issued tokenized deposit for yield-bearing crypto funds
SoFi Bank launched SoFi Earn, a tokenized deposit paying 4.40% APY with FDIC coverage, allowing users to convert funds to stablecoins 24/7.
Mastercard brings stablecoin balances into traditional banking and card payments
The launch of Global Money Platform marks Mastercard’s first major integration with BVNK since its August acquisition, with Nuvei and Marqeta among the first companies to adopt the platform.
Polygon Extends Its Stablecoin Payments Infrastructure to Solana
The expansion gives Solana businesses one integration to connect bank funding, embedded wallets, cross-chain transfers and global payouts, with cross-border firm Kira among the first adopters.
Hong Kong’s Biggest Bank Puts a Stablecoin in 3 Million Wallets
HSBC switched on its Hong Kong dollar stablecoin inside PayMe on Friday, testing whether a bank-issued token can become everyday money.
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.
Tether backs Bolivian fintech bringing USDT payments to food delivery and banking
The investment will support Peso’s expansion across four Latin American markets, where it connects stablecoin payments to merchant services and local banking networks.