A U.S. national bank is now offering tokenized deposits directly to consumers. 🎉

BitGo is proud to support SoFiUSD, the regulated stablecoin that SOFIE holders can convert into 1:1 to buy crypto and move funds onchain 24/7.

Congrats to the @SoFi team on the launch.
SoFi launches interest-bearing, FDIC-insured tokenized deposit for crypto users theblock.co/news/business/…

Oct 22, 2026 · 2:52 PM UTC

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Replying to @BitGo
@BitGo @SoFi FDIC INSURED too!!!
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Replying to @BitGo
@BitGo @SoFi sofiusd is a tokenized deposit on a national bank balance sheet so the 1:1 peg holds because you can redeem it for fiat directly, not just swap it for other crypto
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Replying to @BitGo
@BitGo @SoFi Let's go $BTGO!
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