Polygon joins Ethereum and Solana as the third network for SoFiUSD "SoFi brings its bank-issued stablecoin to Polygon's payment stack." "It blows my mind that Polygon, their…
Original source excerpt
Polygon joins Ethereum and Solana as the third network for SoFiUSD "SoFi brings its bank-issued stablecoin to Polygon's payment stack." "It blows my mind that Polygon, their token, which used to be …
Polygon joins Ethereum and Solana as the third network for SoFiUSD "SoFi brings its bank-issued stablecoin to Polygon's payment stack." "It blows my mind that Polygon, their token, which used to be MATIC, now POL, can't go up. I haven't even looked at the price, but I'm just going to assume that somehow it goes down 10% on the news." "This is a token I've actually held for forever because they've had so many incredible partnerships and so much incredible news." "They're joining Ethereum and Solana as supported networks for SoFiUSD. SoFiUSD is issued by SoFi Bank, which is an OCC-regulated national bank." "Polygon said that SoFi's more than 17 million members can buy, sell, hold, and convert it through the SoFi app. So this is happening right on the SoFi app." "We know that stablecoins are eating the world. It's not really a big story at this point, but seeing these continued integrations is bullish and gives us confirmation of what we know is happening."
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