SoFi Technologies is re-entering the cryptocurrency market after a two-year pause, driven by favorable regulatory changes. The American fintech firm plans to launch blockchain-powered international remittances, facilitating the conversion of fiat to crypto and back to local fiat currencies. This strategic move follows eased regulations from the Office of the Comptroller of the Currency and support from the Trump administration. In addition to remittances, SoFi aims to offer stablecoin services and enable customers to borrow against their crypto holdings. The company's Galileo platform will support third-party crypto infrastructure, enhancing its competitive position in the digital finance sector. This initiative aligns with broader industry trends encouraging engagement with crypto assets.