{
  "id": 3682716,
  "title": "SoFi Rises 3% as the Stablecoin Trade Pulls Fintech Into the Crypto Bid, Coinbase Climbs 5%",
  "url": "https://urgent.news/2026/08/25/sofi-rises-3-as-the-stablecoin-trade-pulls-fintech-into-the-crypto",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-25T18:27:34.000Z",
  "source": {
    "name": "Yahoo Finance",
    "slug": "yahoo-finance",
    "url": "https://finance.yahoo.com/markets/crypto/articles/sofi-rises-3-stablecoin-trade-182734540.html"
  },
  "original_language": "en",
  "account": "SoFi and Coinbase stocks climbed 3% and 5% respectively as the stablecoin sector attracted investor attention. The USDC stablecoin held by Coinbase hit a record $20 billion, indicating the stablecoin trade is spilling over from pure crypto names into fintech. SoFi Technologies, which now carries a stablecoin called SoFiUSD, also rose 3% to $18.83. Meanwhile, Coinbase stock climbed 5% to $188.11, reflecting similar interest in the stablecoin-linked fintech. The shift appears to be due to sector rotation rather than individual company performance, as evidenced by Affirm Holdings' flat 1% gain amid a 2% rally in the ARK Blockchain & Fintech Innovation ETF. The Q2 2026 revenues of SoFi Technologies reached $472 million, with Financial Services and Technology Platform revenues accounting for 46% of adjusted net revenues. Investors should consider high-beta, crypto-correlated positions in SoFi Technologies and Coinbase Global, treating them as speculative satellites in their portfolios. The next significant catalyst will be the Q3 2026 earnings cycle, where both companies will update stablecoin metrics.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}