SoFi Moves $25 Billion Mastercard Program Onto Stablecoin Rails
Mastercard welcomed SoFi on Tuesday as the first nationally chartered bank to begin settling card transactions with stablecoins via the financial giant’s network. SoFi will use stablecoin settlement for its entire card program, which is expected to process $25 billion annually. SoFi Makes Major Stablecoin Move SoFi has become the first nationally chartered bank to […]
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EU central banks attack MiCA rules and stablecoin runs are blamed
The reported plan swaps mandatory bank deposits for one-day and five-day liquidity tests, shifting where redemption risk lands. The post EU central banks attack MiCA rules and stablecoin runs are blamed appeared first on CryptoSlate.