According to @StockMKTNewz, SoFi announced the launch of SoFiUSD, a fully reserved U.S. dollar stablecoin issued by SoFi Bank, N.A. (source: @StockMKTNewz on X). The company states SoFiUSD will enable $SOFI to serve as a stablecoin infrastructure provider for banks, fintechs, and enterprise platforms (source: @StockMKTNewz on X).