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PROGRAMMABLEMONEY

Six pieces of programmable money pulled apart layer by layer, and The Full Stack in the middle showing how they connect. Pick a world to open it.

ANATOMY OF ASTABLECOIN

Peg$1.000
Backing101%
In / out6 / 6
GENIUS8/8
All chapters
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15%
Motion
Theme
Real stablecoin · Anatomy of a Stablecoin

SoFiUSD

A stablecoin issued directly by a US national bank, now in the SoFi app for its members.

Issuer
SoFi Bank, N.A.
Launched
Dec 2025
Supply
≈ $347M
Route
National bank
How it is issued
Own license, bank
License
SoFi Bank, N.A., supervised by the OCC and the Federal Reserve
Reserves
Cash, held in SoFi Bank’s account at the Federal Reserve
Reports
Reserve reports, third party attestations planned
Networks
Ethereum and Solana
Yield
No. Since October 2026 members can switch it 1:1 into SoFi Earn, an FDIC insured tokenized deposit that pays interest
Access
SoFi app for members (since May 2026); banks, fintechs and enterprises for settlement; live on Mastercard settlement
GENIUS Act
Issued by the bank itself. The Act’s bank route runs through approved bank subsidiaries, and final rules are still being written, so how it is classified is one to watch.

Check the supply yourself

More stablecoins

XO ctUSD USDT USDC USDe DAI USD1 USDG PYUSD RLUSD USDD U TUSD EURC USDai CASH

Public information as of October 2026, simplified. Not legal or investment advice. Open the full stablecoins world.

Sources165Created by Andres Lamothe