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SoFi unveils bank-issued tokenized deposit for yield-bearing crypto funds

SoFi Bank launched SoFi Earn, a tokenized deposit paying 4.40% APY with FDIC coverage, allowing users to convert funds to stablecoins 24/7.

SoFi Bank launched SoFi Earn, a tokenized deposit paying 4.40% APY with FDIC coverage, allowing users to convert funds to stablecoins 24/7.

Read the full story at cointelegraph.com: https://cointelegraph.com/news/sofi-bank-issued-tokenized-deposit-yield-bearing-crypto-funds?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Source: cointelegraph.com

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