SoFi offers 4.4% yield on tokenized deposits, surpassing average bank rates, T-bills, and stablecoin rewards like PYUSD and USDC. Here's how a bank legally
- SoFi is offering a 4.4% yield on its tokenized deposit product, significantly outperforming traditional bank savings rates.
- This yield also surpasses current Treasury bill yields and rewards offered by stablecoins like PYUSD and USDC.
- SoFi's competitive advantage is attributed to its status as a regulated bank, allowing it to offer interest-bearing products legally, unlike stablecoin issuers.
Topics: Asset types, Yield performance, Public debt, Stablecoins digital cash, Treasury bond yields, Tokenized us treasuries
Tags: #sofi #tokenizeddeposit #yield #stablecoin #tbills #pyusd #usdc #regulatedbank
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