SoFi stock gained after the company added SoFiUSD, a bank-issued stablecoin, directly to its app.

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

SoFi Technologies Inc (NASDAQ: SOFI) shares are trading higher Tuesday as risk appetite improves with major index ETFs advancing.