CryptoHypeBuster

SoFi launches interest-bearing, FDIC-insured tokenized deposit for crypto users

The Block · Thu, 22 Oct 2026 12:00:00 GMT

Hype 8/100 · Market impact 15/100 · Breaking 45/100

SoFi launched SOFIE, a tokenized deposit that pays 4.4% annual percentage yield and carries FDIC insurance, with an option to convert it into SoFiUSD.

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