# SoFiUSD (SoFi Bank): Live Peg, Issuer & Backing

> SoFiUSD (SoFi Bank) stablecoin: live USD peg deviation in bps, depeg history, issuer SoFi Bank, N.A., backing and FAQ. No licences on record.

Canonical: https://stableradar.com/coin/sofiusd
Generated: 2026-11-13T12:44:00.967Z (live figures are a snapshot at build time; see the canonical page for current values)

Stablecoin profile LIVE

# 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.

$0.9994

Peg target: $1.0000 (USD)

On peg

Deviation: **-5.9 bps** (-0.06%) · Market cap: $324.4M

Sources: CoinGecko, DefiLlama · [CoinGecko ↗](https://www.coingecko.com/en/coins/sofiusd) · Median of the available sources, refreshed in your browser. A deviation here is not a confirmed depeg.

### Token legal status
SoFiUSD

Other stablecoins

(1) Entity licence / registration

SoFi Bank, N.A. (per company)

OCC · National bank

Not yet verified by StableRadar · — · Per company

(2) Authorisation to issue this token

No authorisation to issue this stablecoin identified in official registers as of 27 Oct 2026. Registers checked: NYDFS Greenlist, ESMA EMT register, JFSA, HKMA, CNAD, OCC

U.S. context

U.S. GENIUS Act: approves issuers (permitted payment stablecoin issuers), not individual tokens; applies from 18 Jan 2027 (FR 2026-21706)

(3) Applicable law

GENIUS Act — OCC final rule FR 2026-21706 (effective 18 Jan 2027) ↗

Token legal status last checked: 27 Oct 2026

### Issuer & legal entity
- Issuer **SoFi Bank, N.A.**

- Legal entity SoFi Bank, N.A. (per company)

- Backing mechanism Fiat-backed

- Directory note Issued by SoFi Bank, N.A. (per SoFi). Stablecoin-specific authorisation not found in official registers. [investors.sofi.com ↗](https://investors.sofi.com/news/news-details/2025/SoFi-Launches-Fully-Reserved-Stablecoin-to-Power-Financial-Infrastructure-for-Banks-Fintechs-and-Enterprise-Partners/)

### 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 ↗](https://www.coingecko.com/), [DefiLlama ↗](https://defillama.com/stablecoins) · market data cached 13 Nov 2026, 11:28 UTC. 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
Stablecoin laws by country

News & depeg incidents

Live peg monitor

All stablecoins

Issuer ranking

Informational only: not legal, investment or compliance advice. Company statements are marked “per company”.

Live prices: 13 Nov 2026, 12:43 UTC · Issuer reference data reviewed: 26 Oct 2026 (later changes are dated on each row) · Sources: [Issuer / token page (SoFi Bank)](https://investors.sofi.com/news/news-details/2025/SoFi-Launches-Fully-Reserved-Stablecoin-to-Power-Financial-Infrastructure-for-Banks-Fintechs-and-Enterprise-Partners/), [DefiLlama · SoFiUSD](https://defillama.com/stablecoin/sofiusd), [CoinGecko · SoFiUSD](https://www.coingecko.com/en/coins/sofiusd), [DefiLlama · Solana stablecoins](https://defillama.com/stablecoins/Solana)

Data: [DefiLlama](https://defillama.com/) · Powered by [CoinGecko](https://www.coingecko.com/)