SoFi Bank to start using Bitcoin for cross-border payments
SoFi will enable instant cross-border transfers using Bitcoin and UMA. Transfers will convert USD to Bitcoin via Lightning, then to local currency. The service will first launch in Mexico with…
SoFi Bank holds $170 million in crypto
SoFi Bank’s second quarter earnings report indicated crypto holdings of $170 million. It includes Bitcoin, Ethereum, Litecoin, Dogecoin and Cardano. San Francisco-based SoFi Bank, which has over 6.2 million customers,…