SoFi launches stablecoin settlement on Mastercard's network
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SoFi Becomes First National Bank to Go Live with Stablecoin Settlement across Mastercard’s Global Payments Network
September 22, 2026 8:00 AM EDTSoFi is migrating its full card program to blockchain-based settlement, with the program expected to process more than $25 billion in annualized volume using SoFiUSD.
SAN FRANCISCO--(BUSINESS WIRE)-- SoFi Technologies, Inc. (NASDAQ: SOFI) and Mastercard (NYSE: MA) today announced that stablecoin settlement is now live across SoFi Bank, N.A.s debit and credit card program, bringing stablecoin settlement through SoFiUSD, issued by a federally regulated bank, to Mastercards global payments network following the companies... More
