RegulationGlobal
SoFi Brings Its Bank-Issued Stablecoin to Polygon’s Payments Stack
SoFiUSD, the first stablecoin from a U.S. national bank, is now live on Polygon Open Money Stack alongside Ethereum and Solana.
Key Takeaways
- SoFiUSD, the first stablecoin from a U.S.
- national bank, is now live on Polygon Open Money Stack alongside Ethereum and Solana.
- Read the full article for additional context and details.
Summary generated by IndiCrypto from Decrypt. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Regulation
Regulation
Thailand proposes $148K daily cap on stablecoin deposits and withdrawals
Thailand’s SEC would set separate daily caps for stablecoin deposits and withdrawals and require customers to use wallets they own.
CoinTelegraph
Regulation
Are Alt-L1s over? Security, costs drive smaller chains to Ethereum
L1 blockchains Zilliqa, Gnosis and Ronin join the Ethereum ecosystem as the costs of going it alone grow, and the security and liquidity advantages become too hard to resist.
CoinTelegraph
Regulation
Uber’s UK banking partner Griffin raises $20M for stablecoin services
The Series B valued Griffin at more than $100 million and will help fund stablecoin reserve services and onchain cross-border payments.
CoinTelegraph