SoFi says commercial clients are now settling payments in real time with SoFiUSD

From launch to live settlement

According to SoFi, business customers began settling transactions through SoFiUSD during the quarter via Big Business Banking, the enterprise offering the company introduced this year. Those transactions were processed on the SoFi Exchange Network, which SoFi said allows commercial clients to move money in real time on a 24/7 basis.

The disclosure marks a step beyond the original launch of SoFiUSD, which SoFi positioned as settlement infrastructure for banks, fintechs and enterprise platforms rather than as a consumer-facing token. The company had introduced the stablecoin in December, seven months before this latest update.

SoFi said previously that it was the first nationally chartered U.S. bank to issue a stablecoin on a public blockchain. In March, the company said SoFiUSD was set to be enabled as a settlement option across Mastercard’s global payments network. In June, it opened access to SoFiUSD to its full membership. Wednesday’s earnings release is the first confirmation cited in the report that enterprise clients are actively settling transactions on the rail.

First detailed look at crypto economics

The quarter also provided the first clearer snapshot of SoFi’s crypto business after its return to crypto investing. SoFi relaunched that business with SoFi Crypto in the fourth quarter of 2025.

For the second quarter, crypto transaction revenue totaled $134.3 million. After $133.1 million in costs, net crypto revenue was $1.2 million. The figures indicate that while transaction volumes were meaningful, the contribution after costs was relatively small in the period reported.

Broader quarterly results

The stablecoin and crypto updates were released alongside what SoFi described as a record quarter. Adjusted net revenue reached $1.2 billion, up 40% from a year earlier. Net income rose 61% to $156.6 million, while loan originations hit $14.8 billion, a company best.

SoFi also raised its full-year guidance in the results announcement. The company said it has 15.8 million members.

Market reaction

Despite the earnings growth and the stablecoin milestone, the stock moved lower after the results. Shares of SOFI were down about 10% to around $15 in Wednesday morning trading, according to the report. That decline extended a broader slide that has left the stock roughly 50% below its 2026 highs.

The combination of record financial results and a negative market reaction suggests investors were weighing the company’s momentum against other concerns not detailed in the earnings summary. What the quarter does establish more clearly is that SoFiUSD has moved from launch-stage positioning into disclosed enterprise settlement usage, even if the scale of that activity was not specified.