Defi

SoFi Earn Could Help Banks Compete With Stablecoins, Truth Ventures CEO Says

TokenPost·October 27, 2026·1 min read

SoFi's SOFIE token offers a variable 4.40% APY as of Oct. 20 and is eligible for FDIC coverage within limits, while SoFiUSD does not earn interest or carry FDIC insurance. Truth Ventures CEO suggests such products could help banks compete with stablecoins.

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