SoFiUSD SOFID
Rank #126About SoFiUSD
SoFiUSD is a fully reserved U.S. dollar stablecoin issued by SoFi Bank, N.A., making SoFi the first national bank to launch a stablecoin on a public, permissionless blockchain. It is backed 1:1 by cash with reserves held in the bank’s federal account, enabling immediate redemption while minimizing liquidity and credit risk.
SoFi is opening access to its stablecoin infrastructure so banks, fintechs, and enterprises can integrate SoFiUSD into settlement flows or issue white‑label stablecoins using SoFi’s regulatory, operational, and reserve framework.
SoFiUSD FAQ
What is SoFiUSD?
SoFiUSD is a fully reserved U.S. dollar stablecoin issued by SoFi Bank, N.A., making SoFi the first national bank to launch a stablecoin on a public, permissionless blockchain. It is backed 1:1 by cash with reserves held in the bank’s federal account, enabling immediate redemption while minimizing liquidity and credit risk. SoFi is opening access…
What is the current price of SoFiUSD?
The live price of SoFiUSD (SOFID) is $0.9991, with a 24-hour change of -0.02%. Prices on this page update automatically about once a minute using CoinGecko market data.
What is the market cap of SoFiUSD?
SoFiUSD currently has a market capitalization of $312.91M, ranking #126 by market cap. Market cap is the coin price multiplied by its circulating supply and is a common way to compare the relative size of crypto assets.
Is SoFiUSD a good investment?
CryptoWatchHub provides market data and educational content only — not financial advice. SoFiUSD, like all crypto assets, is highly volatile and you can lose your entire investment. Always do your own research and consider consulting a licensed financial advisor before investing.
More on SoFiUSD
Convert SOFID to USD
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SOFID in 59 currencies
Euros, pounds, yen and more — plus gold and silver
Where it sits in the market
The whole market as one picture, sized by market cap
Compare exchange fees
What a trade actually costs on ten major venues
CryptoWatchHub provides market data for informational and educational purposes only. It is not investment, financial, legal or tax advice. Crypto assets are highly volatile — never invest more than you can afford to lose. Read our full disclaimer