SoFi launches FED backed stablecoin for 14.7 million users! What are the implications?

🚀 SoFi launched its new $SoFiUSD stablecoin to 14.7 million users. SoFiUSD is fully backed by cash deposits held at the US FED.
🌐 The stablecoin is available on Ethereum and Solana networks.

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