• SoFi becomes the first US bank to launch crypto trading inside its app merging digital assets with banking.
• The bank plans a US dollar stablecoin by 2025 to expand payments and lending with blockchain technology.
• SoFi users can trade Bitcoin, Ethereum, and Solana directly using their checking and savings accounts.

Fintech bank SoFi Technologies has introduced SoFi Crypto, becoming the first nationally chartered U.S. bank to integrate crypto trading directly within its mobile app. The rollout began this week, allowing users to buy, sell, and hold Bitcoin, Ethereum, and Solana. More members will gain access in the coming weeks. The feature unites traditional banking and digital assets under one platform, marking a new phase for consumer financial services.

Simplified Transactions and Security Framework

SoFi customers can now purchase crypto using funds from their SoFi Money Checking or Savings accounts. This eliminates the need to transfer funds to external exchanges. Cash deposits remain FDIC-insured, while crypto balances are secured under SoFi’s regulated framework. The move goes beyond enabling crypto trading. It forms part of a broader strategy to embed blockchain technology across SoFi’s ecosystem, including lending and payment services.

Blockchain Expansion and Stablecoin Plans

The company is currently testing blockchain-powered remittance services to support faster and cheaper cross-border transactions. It also plans to issue a U.S. dollar-based stablecoin by the end of 2025. The stablecoin will power everyday payments and business transfers while supporting SoFi’s lending operations. Through blockchain integration, SoFi aims to reduce borrowing costs, accelerate payments, and broaden access to financial tools.

Regulatory Backing and Market Momentum

The launch follows new guidance from the Office of the Comptroller of the Currency, which clarified that chartered banks can offer crypto and blockchain services. The decision lifted earlier restrictions that forced SoFi to suspend crypto operations in 2023 while pursuing its bank charter. Renewed regulatory clarity now allows banks like SoFi to innovate under direct oversight, reinforcing consumer confidence in digital asset banking.

Growing Demand and Industry Impact

SoFi reports that most of its crypto-owning members prefer trading within licensed banks rather than external exchanges. The company’s trust advantage could shift consumer behavior toward regulated platforms. The SoFi Crypto app also integrates educational content, helping users understand assets and risks before trading. This learning feature positions SoFi as a trusted gateway for new investors.

Financial Growth and Future Rollout

SoFi continues to post strong financial results, surpassing analyst expectations in the third quarter. The firm has raised its annual profit outlook, driven by steady member growth and expanding product offerings. The bank plans to extend crypto access to all 12.6 million members in the coming months. Early access rewards and Bitcoin giveaways will run through early 2026 as SoFi strengthens its position in digital finance.

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