SoFi Launches 24/7 Banking Hub to Merge Cash and Stablecoins
SoFi has rolled out a 24/7 Banking Hub that lets businesses keep dollar balances, convert cash into stablecoins, and execute instant transfers inside a regulated banking framework. The service is aimed at corporate and merchant customers who need continuous liquidity and faster settlement than traditional rails like ACH. SoFi says the integrated flow reduces handoffs between custodians and exchanges by keeping conversion and transfers inside its platform.
This move could accelerate business adoption of stablecoins for payments and treasury management by combining familiar bank oversight with crypto rails' speed. For firms, that means simpler cash management and near-real-time settlement; for the industry, it raises the competitive bar for banks and crypto infrastructure providers. Regulators and treasurers will watch custody, compliance and counterparty risk closely, but the offering signals growing mainstream demand for hybrid cash-crypto services.