This page may contain stale information. Last updated: 2026-09-23

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Overview

SoFiUSD is the USD-pegged stablecoin issued by sofi (SoFi Bank, N.A., OCC-regulated). Supported on mastercard’s multi-chain settlement rails alongside USDC, PYUSD, RLUSD, USDG, and USDP.

Recent Developments

  • 2026-09-22: First live stablecoin card settlement by a nationally chartered US bank — sofi migrating $25B card program to SoFiUSD blockchain settlement on Mastercard; merchants receive fiat in SoFi Bank accounts without holding crypto (2026-09-23-sofi-stablecoin-mastercard-settlement)

Sources