SoFi Technologies (SOFI) Stock Jumps on SoFiUSD Stablecoin Launch: Today’s News, Forecasts, and Investor Takeaways (Dec. 19, 2025)
SoFi Technologies launched SoFiUSD, a fully reserved, U.S. dollar-pegged stablecoin issued by SoFi Bank, N.A., on December 18, 2025. Shares rose 4% to $26.29 on heavy volume after the announcement. SoFi says it is the first national bank to issue a stablecoin on a public blockchain, aiming to provide payments infrastructure for banks and fintechs. SoFiUSD will debut on Ethereum, with plans for cross-chain expansion.