deposit

4.40%. That is the annual percentage yield SoFi Technologies is advertising on SoFi Earn, a tokenized bank deposit it calls SOFIE and …

SoFi Technologies launched SoFi Earn (SOFIE) on Thursday, offering a variable 4.4% annual percentage yield on tokenized bank deposits. SOFIE has no …

In brief SoFi launched SoFi Earn (SOFIE), which it calls the first national bank-issued tokenized deposit for consumers. The product targets idle …

As of Oct. 18, the public proposal still describes a Snapshot vote followed, if approved, by an implementation proposal as its next …

Exchanges can offer variable rewards to eligible customers, adding another price to the competition for balances. That makes the historical issuer split …

Seven of the United Kingdom’s largest banks have completed the world’s first interbank customer transactions using tokenized sterling deposits, industry body UK …

The Clearing House has selected Quant to provide the interoperability and transaction-management layer for its On-Chain Money Initiative. The planned network will …

Initial testing will focus on moving digital commercial deposits across participating institutions before linking to broader digital asset ecosystems. www.coindesk.com

DBS and Citi have completed the first weekend cross-border USD payment between Singapore and the United States, the banks said in a …

Tether CEO on Tokenized Deposits: “The Emperor Has No Clothes” The debate between several representations of onchain fiat money and the advantages …