SoFi launched SoFiUSD, a bank issued dollar stablecoin available inside its app with Ethereum and Solana support.

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.