Friday, November 13, 2026

Polygon and SoFi: SoFiUSD is live on Polygon

SoFiUSD is now live on Polygon

Payments start where your customers already are. For more than 17 million SoFi members, that's the SoFi app.

Today, we're introducing SoFiUSD on Polygon Open Money Stack, the first stablecoin issued by a US national bank.

SoFi members can buy, sell, hold, and convert SoFiUSD on Polygon inside the SoFi app, with no separate wallet to set up. Every token is redeemable one-to-one for US dollars through SoFi Bank. It joins USDC, USDT, and PYUSD on Polygon Open Money Stack.

For platforms and the businesses they serve, that means a regulated dollar to settle in, on the integration you already use. If you already settle on Polygon, you don't need to build anything new.

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