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SoFi Launches Banking Service for Businesses. Can It Boost the Struggling Stock?
SoFi Technologies said Thursday it was launching a round-the-clock banking service for businesses, marking a major expansion into enterprise …
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SoFi Enters the Enterprise Banking World with Crypto-Native Infrastructure
SoFi is entering commercial banking with a 24/7 model that combines fiat accounts, crypto rails, and its own tokenized deposit, SoFiUSD, to enable real-time money movement. The company is taking a “stablecoin sandwich” approach, converting fiat to SoFiUSD and back again to enable instant settlement while keeping deposits on its balance sheet. SoFi is positioning itself between banks and fintechs, aiming to deliver the speed of crypto-native play…
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