Rich by Coin

SoFi Technologies (NasdaqGS:SOFI) has introduced blockchain-enabled cross-border payments using the Bitcoin Lightning Network. The company has also launched its own stablecoin, SoFiUSD, aimed at supporting faster and lower-cost international transfers. These new products are positioned to target the remittance market and expand SoFi’s role in decentralized finance. For you as an investor, the key question is how these new services might help SoFi attract more users, especially in remittances and crypto-adjacent activity.

The move into blockchain payments and SoFiUSD could broaden SoFi’s revenue mix beyond lending and digital banking if users adopt these services. Keep an eye on transaction volumes in cross border payments, stablecoin usage, and how much these products contribute relative to SoFi’s US$3.58b revenue base.

SoFi Technologies has announced blockchain-enabled cross-border payments using the Bitcoin Lightning Network and has launched its own stablecoin, SoFiUSD, designed to support faster, lower-cost international transfers. The moves target the remittance market and broaden SoFi’s role in decentralized finance. From an investor perspective, the key question is whether these services will attract more users, particularly in remittances and crypto-adjacent activity. The move into blockchain payments and SoFiUSD could diversify SoFi’s revenue beyond lending and digital banking if users adopt these services.

Watching transaction volumes in cross-border payments and stablecoin usage will indicate early traction and how much these products contribute relative to SoFi’s US$3.58b revenue base. Any meaningful uptake could signal broader diversification of SoFi’s revenue beyond traditional finance offerings.

SoFi Technologies has introduced blockchain-enabled cross-border payments using the Bitcoin Lightning Network and launched its own stablecoin, SoFiUSD, to speed and lower costs for international transfers. These initiatives aim to capture a larger share of remittance flows and extend SoFi’s footprint in decentralized finance. For investors, the central question is whether these services will attract additional users, especially in remittance and crypto-adjacent activities.

If embraced, these new products could broaden SoFi’s revenue mix beyond lending and digital banking. Monitoring cross-border payment volumes and stablecoin usage will reveal early traction and each product’s contribution relative to SoFi’s $3.58 billion revenue base.