Back to News
Market Impact: 0.28
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.
AllMind Terminal
AI-powered research, real-time alerts, and portfolio analytics for institutional investors.
Request TrialMarket Sentiment
Overall Sentiment
mildly positive
Sentiment Score
0.30
Ticker Sentiment
MA0.45
SOFI0.55
More News
- How the US midterm elections reflected resistance to data centres
- Elon Musk once said the Cybertruck would be Tesla’s ‘best product ever.’ Now he’s winding down production
- AI Party isn't Ending Because Of The Blue Wave Says Ives
- SoftBank, ABB consider China carve-out to rescue $5.4bn robotics deal
- A ‘geologic freak’ called the Smackover may end America’s lithium dependence on China, and Big Oil is already there
- AI’s Grip on Financial Markets Was Never Clearer on the Way Down