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SoFi Launches SOFIE Tokenized Deposit With 4.4% APY

Members can convert the deposit into SoFiUSD at a 1:1 rate, but deposit interest and FDIC coverage do not follow the money into the stablecoin.

Rasha Siddiqi 2 hours ago 1 minute read

Crypto Long & Short: Who answers the 3am call when DeFi breaks?

SoFi Launches SOFIE Tokenized Deposit With 4.4% APY

Members can convert the deposit into SoFiUSD at a 1:1 rate, but deposit interest and FDIC coverage do not follow the money into the stablecoin.

By: The Defiant Team •

TradFi & Fintech

SoFi Launches SOFIE Tokenized Deposit With 4.4% APY

Members can convert the deposit into SoFiUSD at a 1:1 rate, but deposit interest and FDIC coverage do not follow the money into the stablecoin.

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SoFi Launches SOFIE Tokenized Deposit With 4.4% APY

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