SoFi has launched SoFiUSD, the first stablecoin issued by a U.S. national bank, now available to its 15 million app users. Pegged 1:1 to the U.S. dollar, SoFiUSD allows users to buy, sell, and convert to USD directly within the SoFi app. Initially limited to enterprise partners, the stablecoin is now accessible to consumers, offering a regulated on-ramp to digital-dollar utility. The introduction of SoFiUSD marks a significant step in bridging traditional finance and cryptocurrency, providing a secure platform for digital asset transactions. SoFi plans to enhance the stablecoin's utility by enabling interest-bearing tokenized deposits and 24/7 international transfers via blockchain. The announcement has positively impacted SoFi's stock, which rose by 3.5% despite a challenging year-to-date performance.