SoFi Technologies has made SoFiUSD available inside its banking app for 14.7 million members, the company said in a press release published Wednesday, becoming the first US national bank to embed a proprietary stablecoin directly into a retail banking interface.

SoFi rolls out bank-issued SoFiUSD stablecoin to 14.7 million members inside its app on Ethereum and Solana.

The fintech platform says its dollar-backed stablecoin will let members trade, transfer and eventually earn yield through its banking app.