SoFi has entered a new agreement with Kraken covering its stablecoin and dollar settlement infrastructure. Under the arrangement, Kraken will list SoFiUSD, giving the digital-asset platform access to the stablecoin. Kraken will also connect to SoFi’s round-the-clock dollar settlement network. In a separate part of the deal, Kraken Prime will execute cryptocurrency trades for SoFi customers. The agreement links SoFi’s banking network with Kraken’s trading and institutional execution services, creating a framework for settlement and crypto-market access between the two companies. The details were reported by Decrypt on September 3, 2026. The announcement involves SoFiUSD and the services provided by Kraken and Kraken Prime; the supplied information does not specify the stablecoin’s launch date, trading pairs, transaction volumes, or financial terms of the agreement.
