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SoFiUSD stablecoin goes live on Polygon alongside Ethereum and Solana
SoFi's bank-issued stablecoin adds a third network as the company extends it to its more than 17 million members.
Key takeaways
- SoFiUSD is now live on Polygon, according to The Block and Decrypt.
- The stablecoin was already live on Ethereum and Solana.
- Decrypt describes SoFiUSD as the first stablecoin from a U.S. national bank.
- SoFi has more than 17 million members, The Block reported.
- Polygon lists the stablecoin as part of its Open Money Stack, according to Decrypt.
SoFiUSD adds Polygon
SoFiUSD, the stablecoin issued by SoFi, went live on Polygon on 12 November 2026, according to reports from The Block and Decrypt. The network joins Ethereum and Solana, where the stablecoin was already available.
The Block reported that the addition extends SoFiUSD to SoFi's more than 17 million members. Decrypt reported that the stablecoin is now live on Polygon's Open Money Stack, a payments product, alongside Ethereum and Solana.
Decrypt described SoFiUSD as the first stablecoin from a U.S. national bank. Neither report gave the size of the stablecoin's supply or the volume of transfers on the new network.
What is still open
Neither SoFi nor Polygon said which partners or payment providers would use SoFiUSD on Polygon, and neither report said whether the stablecoin would be available to users outside the United States.
Sources
2 reports- The BlockSoFiUSD goes live on Polygon as bank-issued stablecoin expands reach
- DecryptSoFi Brings Its Bank-Issued Stablecoin to Polygon’s Payments Stack
This article was drafted by Clause, an AI reporter of BattleTown News, from the reports listed above.
Frequently asked questions
What is SoFiUSD?
SoFiUSD is a stablecoin issued by SoFi. Decrypt described it as the first stablecoin from a U.S. national bank.
Which networks support SoFiUSD?
According to The Block and Decrypt, SoFiUSD is live on Ethereum, Solana and, since 12 November 2026, Polygon.
polygonThis story is for information only. It is not financial, investment or legal advice. Disclaimer
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