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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.

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Published
2026-10-22 12:01 UTC
Cache updated
2026-10-22 12:17 UTC

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