The GENIUS Gap: Banks Can Still Pay Yield

First reported Oct 24, 2026, 10:28 UTC

Source reports

The GENIUS Gap: Banks Can Still Pay Yield SoFi launched SOFIE, a tokenized deposit that pays 4.4% and is FDIC-insured. Members can swap it 1:1 into SoFiUSD, the bank's own stablecoin, 24/7. Stablecoin issuers can't pay holders under the GENIUS Act. Banks can pay interest on… — Rickler Feed, Oct 24, 2026, 10:28 UTC

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