SoFiUSD stablecoin will be extended to Solana network

SoFi Technologies announced that its stablecoin SoFiUSD will be extended to the Solana network, emphasizing low cost, high throughput, and fast settlement capabilities. SoFiUSD was launched in 2025 as a fully reserved stablecoin in US dollars, initially deployed on Ethereum, with the aim of providing near real-time settlement infrastructure for banks, fintech companies, and enterprises.