SoFi Bank's SoFiUSD stablecoin has expanded to the Monad blockchain as of August 2026, adding a third blockchain platform after Ethereum and Solana. This expansion, supported by BitGo's Stablecoin-as-a-Service platform, enables faster transactions with Monad's capability of processing over 10,000 transactions per second. SoFiUSD is pegged to the US dollar and backed by cash reserves held in SoFi Bank's Federal Reserve account, with regular third-party audits. The stablecoin aims to facilitate 24/7 settlements, business payments, and remittances, enhancing its utility in digital finance.
SoFiUSD's expansion to the Monad blockchain provides context for the current cryptocurrency market. For readers following major cryptocurrencies on Pluang, here is the market snapshot as of Nov 12, 2026 14:02 WIB: out of 50 priced assets, 12 rose and 37 fell today. Notably, YFI traded at Rp34.227.362 with a 1-day change of -2.57% and a Pluang order activity skewed 88% Sell / 12% Buy, while SAND and XTZ also declined by -2.46% and -2.34% respectively, with high sell activity on Pluang.
Conow, a digital energy ecosystem brand developed with Tuya Smart, is launching a major Black Friday sale from November 7 to December 5, 2026, in Germany. The promotion includes discounts on its award-winning Atlas 6000 AC energy storage system and o...
Diversified Energy PLC repurchased 596,358 of its common shares between November 5 and 11, 2026, at a volume-weighted average price of $13.2454 per share. These shares will be cancelled, reducing the total shares outstanding to 70,122,642. This buyba...
FLSmidth has introduced its Accelerate '31 strategy aimed at driving profitable growth, margin expansion, and improved cash conversion by 2029. The plan focuses on expanding commercial coverage to the top 1,000 mines globally, growing its service net...
Space42 reported an 11% increase in revenues to USD 404 million and a 30% rise in normalized EBITDA to USD 194 million for the first nine months of 2026. Growth was driven by strong performances in both Space Services, boosted by a major government c...
YYForce Inc. has issued a revenue guidance of $70 million for the fiscal year ending December 31, 2026, representing an approximate 22% increase from the audited $57.2 million revenue in fiscal 2025. This growth is attributed to rising demand for its...
