SoFi Technologies Stock (SOFI) Today: SoFiUSD Stablecoin Launch, Analyst Targets, and Key Risks to Watch on Dec. 19, 2025
SoFi Technologies launched SoFiUSD, a U.S. dollar stablecoin issued by SoFi Bank, on Dec. 19, 2025, pushing the company further into blockchain payments. SOFI shares rose about 2.2% to $27.13 in late trading, with volume near 85 million. The stablecoin, backed 1:1 with cash reserves, debuted on Ethereum, with plans for wider rollout. SoFi says retail access will follow in the coming months.