SoFi is rolling out a new “Big Business Banking” platform that lets companies move dollars and digital assets around the clock, with Solana playing a key role in the tech stack. The launch comes with a heavyweight list of initial participants, including Cumberland, Bullish, BitGo, B2C2, Fireblocks, Wintermute, Galaxy, Jupiter, Mesh Payments, and Mastercard.
SoFi Big Business Banking Goes Live
SoFi describes Big Business Banking as a unified platform that enables companies to hold large deposit balances, send and receive payments, and settle transactions in either fiat or SoFiUSD, its stablecoin. The service runs on SoFi’s nationally chartered bank and direct Federal Reserve access, but it also hooks into public blockchains so firms can move money in real time.
The platform is designed for trading firms, payment companies, and other businesses that need 24/7 settlement instead of traditional banking hours. SoFi says clients will be able to hold U.S. dollars, convert them into SoFiUSD, and then push that liquidity into markets or partners in seconds rather than days.
SoFi expects Big Business Banking to support high‑capacity business deposit accounts, API‑driven payments, and automated treasury tools. Companies can integrate these APIs into their own systems to trigger payouts, rebalance liquidity, or route funds across networks without manual steps.
Solana and SoFiUSD at the Core
Earlier this year, SoFi became the first U.S.‑chartered bank to support direct SOL deposits, allowing its 13.7 million users to send Solana assets directly into the SoFi app.
SoFiUSD, the firm’s own stablecoin, sits at the center of this design. SoFi backs the token with its regulated balance sheet and uses it as a fast-settling asset across Solana and other chains, providing businesses with a bridge between bank deposits and on‑chain liquidity.
A separate partnership with Mastercard aims to make SoFiUSD a settlement option across the card network’s Multi‑Token Network. That link could eventually enable issuers and acquirers to settle card transactions in SoFiUSD, including cross-border remittances and B2B payments.
To launch Big Business Banking, SoFi has lined up a roster of major trading, custody, and payments firms. Initial participants include Cumberland, Bullish, BitGo, B2C2, Fireblocks, Wintermute, Galaxy, Jupiter, Mesh Payments, and Mastercard, who will help test and scale the platform.
These firms cover market‑making, derivatives liquidity, institutional custody, routing on Solana, and card and B2B payments.
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