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Mastercard and SoFi Bring Stablecoin Settlement to Cards as Step One of Broader Rollout

Source: pymnts.com

Crypto & Digital AssetsFintechTechnology & Innovation

Mastercard and SoFi Technologies have begun using stablecoin settlement across SoFi Bank's debit and credit card program. The move expands institutional use of blockchain-based payment settlement and could improve settlement speed and efficiency, though the disclosed information does not quantify financial benefits or transaction volumes.

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mildly positive

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0.30

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MA0.45
SOFI0.55

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