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SoFiUSD (SoFi Bank) stablecoin
In short: SoFiUSD is a USD-pegged stablecoin issued by SoFi Bank, N.A.. No token-level authorisation identified in the official registers checked. Below: live peg deviation, peg history, issuer, backing and FAQ.
Deviation: -5.9 bps (-0.06%) · Market cap: $324.4M
Sources: CoinGecko, DefiLlama · CoinGecko ↗ · Median of the available sources, refreshed in your browser. A deviation here is not a confirmed depeg.
Token legal status
Issuer & legal entity
SoFiUSD peg history
Max deviation from the peg, time spent outside ±50 / ±100 bps and derived events per window. 24h: CoinGecko 5-minute prices; 7d, 30d, 90d: hourly; 1y: daily. Cached at build time.
| Favourites | Coin | Peg | Trend | Max |dev| | Low | >±50 bps | >±100 bps | Events | Details |
|---|---|---|---|---|---|---|---|---|---|
| SOFID | USD | −23.4 bps | 0.9977 | 0 | 0 | 0 |
Source: CoinGecko ↗, DefiLlama ↗ · market data cached . Aggregated prices can move on thin markets; a deviation here is not a confirmed depeg.
FAQ about SoFiUSD
What is SoFiUSD (SoFi Bank)?
SoFiUSD is a stablecoin pegged to the US dollar. Issuer: SoFi Bank, N.A.. Backing (as described in our data): Fiat-backed.
Who issues SoFiUSD?
SoFiUSD is issued by SoFi Bank, N.A. (per company). No licences or registrations are on record for SoFi Bank, N.A. in StableRadar’s data.
Is SoFiUSD authorised under MiCA or another stablecoin regime?
No authorisation to issue SoFiUSD was identified in the official registers StableRadar checked (NYDFS Greenlist, ESMA EMT register, JFSA, HKMA, CNAD, OCC; last checked 27 Oct 2026). This does not mean the coin or issuer is unlawful, unlicensed or unsafe. Applicable law noted: GENIUS Act — OCC final rule FR 2026-21706 (effective 18 Jan 2027). US context: under the GENIUS Act only approved (permitted) payment stablecoin issuers may issue payment stablecoins in the US; the Act approves issuers, not individual tokens. It applies from 18 Jan 2027 (OCC final rule FR 2026-21706).
Is SoFiUSD safe?
StableRadar does not say whether a coin is safe and does not give investment advice. StableRadar has no Transparency Score for the issuer of SoFiUSD yet. The live peg deviation and the official register links are on this page.
How is SoFiUSD backed?
Model: Fiat-backed.
Related pages
Informational only: not legal, investment or compliance advice. Company statements are marked “per company”.