₿ **SoFi’s crypto relaunch brought in $121.6 million in Q1. Almost all of it went to costs**

The company launched the SoFiUSD stablecoin for enterprise payments in December and partnered with Mastercard for settlement capabilities.

🔗 https://www.coindesk.com/business/2026/05/07/sofi-s-relaunched-crypto-business-generated-usd121-6-million-in-q1-transaction-revenue

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