SoFi, a US-based digital bank, launched a fully reserved stablecoin on December 18, 2025, under the new GENIUS Act, marking a first for U.S. banks.
Offering real-time payments and innovative financial infrastructure, SoFi’s stablecoin launch signals a transformative moment for banks and fintechs, though market reactions remain undefined without transactional data.
SoFi Pioneers US Bank-Issued Stablecoin Launch
SoFi announced the launch of the first US bank-issued stablecoin on December 18, 2025. Enabled by the GENIUS Act, this stablecoin is designed to support on-chain financial infrastructure. The stablecoin launch places SoFi as a pioneer among US banks in adopting blockchain technology, following its progression from a student loan refinancing platform to a fully chartered digital bank.
Regulatory Shift Empowers US Banks for Stablecoin Issuance
Community reactions to SoFi’s stablecoin launch have been subdued, with no significant statements from industry leaders. The stablecoin is expected to provide novel solutions in the fintech and banking sectors. The GENIUS Act’s implementation signifies a shift in regulatory approach, allowing insured depository institutions to issue stablecoins. This legislative change may enhance financial infrastructure through secure, on-chain payments.
Experts Weigh in on SoFi’s Blockchain Breakthrough
This initiative by SoFi is a first for US banks, with no previous instances of public blockchain stablecoin issuances. The lack of historical precedence makes this a notable achievement in the financial sector.
“SoFi launched a fully reserved, bank-issued stablecoin,” states SoFi Corporate Press Release.Experts believe the move grounds groundwork for future bank-initiated blockchain projects, although specific metrics or expert commentary are currently unavailable. The potential for revolutionizing payments through such digital currencies remains a subject of interest.
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