SoFi is a U.S.-based fintech and nationally chartered bank offering banking, investing, loans, credit cards and crypto services. SoFi has grown into one of the largest consumer finance platforms in the United States, serving nearly 15 million members.

In 2026, SoFi became the first U.S. national bank to launch a retail-facing stablecoin on a public blockchain with the introduction of SoFiUSD.

The platform positions itself as a bridge between traditional banking and blockchain-based financial infrastructure, combining regulated banking services with crypto trading and digital asset payments.

SoFi Key Features

• Buy, sell, and hold cryptocurrencies within the SoFi app
• SoFiUSD stablecoin available on Ethereum and Solana
• Integrated banking, investing, and lending services
• Crypto transfers supported
• Nationally chartered U.S. bank
• Mobile-first platform with unified financial dashboard

SoFiUSD Stablecoin

SoFiUSD is a dollar-backed stablecoin redeemable 1:1 for U.S. dollars through SoFi Bank.

The stablecoin is available on:

• Ethereum
• Solana

SoFi says the long-term goal for SoFiUSD is to support:

• Cross-border payments
• B2B transactions
• Tokenized deposits
• Yield and interest-bearing blockchain-based banking products

Unlike crypto-native stablecoin issuers, SoFi emphasizes its status as a regulated U.S. bank as a differentiator.

SoFi Trading Fees

SoFi uses a tiered trading fee structure based on monthly crypto trading volume.

SoFi charges gas/transaction fees for crypto transfers. These fees are disclosed before sending.