SoFi Pioneers US Banking Blockchain Integration

SoFi, a US-chartered bank, has taken a major step forward in the intersection of traditional finance and cryptocurrency by announcing support for Solana deposits. This move allows users to send Solana (SOL) directly to their SoFi crypto accounts from external wallets, marking a significant expansion of the bank's digital asset offering.

The integration enables customers to manage balances alongside checking, savings, and other financial products in a single interface, providing a seamless user experience. This development tightens the link between regulated banking and public blockchains, making it easier for individuals to interact with cryptocurrencies within a traditional banking framework.