SoFi announces 24/7 banking hub that blends traditional cash with crypto
Burns Brief
The new service lets companies hold dollars, convert to stablecoins and move money instantly within a regulated bank The news has rattled market participants, with bears looking to push prices lower while bulls attempt to defend key support levels. Watch for volume confirmation — a breakout above average volume would signal the trend is likely to continue.
The new service lets companies hold dollars, convert to stablecoins and move money instantly within a regulated bank.
Key Takeaways
- The new service lets companies hold dollars, convert to stablecoins and move money instantly within a regulated bank