SoFi Stock in Focus as SoFiUSD Stablecoin Goes Live on Mastercard Network

TLDR SoFi and Mastercard said stablecoin settlement is now live across SoFi Bank’s debit and credit card program. SoFi Bank is the first nationally chartered U.S. bank to use a bank-issued stablecoin for settlement on Mastercard’s network. SoFi is moving its entire $25 billion card program to settlement with SoFiUSD. Cardholders and merchants do not [...]

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