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 […]
Key Takeaways
- 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 […]
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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