SoFi launches Big Business Banking to unify fiat and crypto for enterprises
Crypto Briefing
SoFi has introduced Big Business Banking, a platform integrating fiat and digital asset management for enterprises using the Solana blockchain.Summary
SoFi Technologies has launched Big Business Banking, a platform designed to help enterprises manage fiat and digital assets under a single regulated entity. Leveraging its national bank charter, FDIC insurance, and Federal Reserve membership, the platform offers 24/7 real-time settlement, API-driven payments, and stablecoin capabilities, including the SoFiUSD stablecoin. The initiative, which utilizes the Solana blockchain, is supported by a coalition of major institutional partners and aims to bridge traditional banking with blockchain-based systems to provide operational resilience and scalability.
(Source：Crypto Briefing)