Fintech company SoFi Technologies released its Q1 2026 financial results, reporting record net revenue of $1.1 billion, a 41% year-over-year increase, and net income of $167 million, marking its tenth consecutive quarter of GAAP profitability. SoFi stated it is continuing to advance its digital asset infrastructure development, officially launching the minting of its fully-reserve USD stablecoin, SoFiUSD, in Q1, and simultaneously developing settlement capabilities. Collaborating with partners such as Mastercard, it will support stablecoin settlements across global payment networks. Furthermore, SoFi relaunched its SoFi Plus membership program, adding benefits including cashback on cryptocurrency purchases. (Businesswire)