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SoFi Launches Bank-Issued Stablecoin on Polygon Payments Infrastructure
(5 hours ago) · 1 source · Summarized by CryptoBipto
SoFi, a US-based digital financial services company, has integrated its bank-issued stablecoin with Polygon's payments stack. The move connects a regulated banking institution's stablecoin to blockchain-based payment infrastructure built on Polygon's network.
WHY IT MATTERS
A stablecoin is a type of cryptocurrency designed to maintain a steady value, usually pegged to the US dollar.
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SOURCES
- decrypt.co
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