SoFi Bank migrated its entire $25 billion card program to stablecoin settlement using SoFiUSD.
SOFIMA
Statements (5)
- Neutral
SoFi Technologies, Inc. and Mastercard announced that stablecoin settlement is now live across SoFi Bank's debit and credit card program.
- Neutral
SoFi and Mastercard will explore additional opportunities for SoFiUSD settlement on Mastercard's network, including cross-border payments, remittances and other money movement use cases.
- Neutral
SoFiUSD is the first stablecoin issued by a nationally chartered bank.
- Neutral
SoFi Bank migrated its entire $25 billion card program to stablecoin settlement using SoFiUSD.
- Neutral
SoFi is in active discussions with large merchants across the US regarding stablecoin-based settlement arrangements.