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SoFi Launches Yield-Bearing Tokenized Bank Deposit With Stablecoin Conversion

2 outlets reporting
Your call?
4.40%
deposit APY
$USDC
$71.81B mcap

SoFi says its new SOFIE tokenized deposit represents money held at SoFi Bank, advertises 4.40% APY subject to terms, and can convert to SoFiUSD for blockchain transfers.

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