SoFi to launch its stablecoin on Solana, citing speed and cost
The Block
SoFi Technologies is expanding its SoFiUSD stablecoin to the Solana blockchain to leverage its high transaction throughput, speed, and low costs.Summary
SoFi Technologies has announced plans to issue its SoFiUSD stablecoin on the Solana network, building upon its initial December 2025 launch on Ethereum. Ben Reynolds, SoFi's head of big business banking, cited Solana's superior settlement speeds, cost-effectiveness, and throughput as key drivers for the expansion. The move supports SoFi's strategy to serve as a stablecoin infrastructure provider for enterprise platforms and follows a recent partnership with Mastercard to integrate SoFiUSD into global payment settlements.
(Source：The Block)