According to the company, SoFi posted record first-quarter revenue and profit, launched full-reserve SoFiUSD minting, and is building settlement capabilities with partners including Mastercard.
SoFi reported record first-quarter 2026 net revenue of $1.1 billion and net income of $167 million. According to a company announcement, it launched minting of SoFiUSD, a full-reserve dollar stablecoin, during the quarter and is developing settlement capabilities with partners including Mastercard. The update adds to SoFi’s broader push into digital asset services alongside its core financial platform growth.