TechnologySoFi is reportedly moving its $25 billion card program to stablecoin settlement
PYMNTS reports that Mastercard and SoFi are using stablecoins to settle transactions across SoFi Bank’s debit and credit card program.
TLDR
SoFi Bank is migrating its entire $25 billion debit and credit card program to stablecoin settlement, PYMNTS reports. The outlet says Mastercard and SoFi are already using stablecoin settlement across the program.
SoFi is reportedly moving its $25 billion card program to stablecoin settlement
PYMNTS reports that Mastercard and SoFi are using stablecoins to settle transactions across SoFi Bank’s debit and credit card program.
TLDR
SoFi Bank is migrating its entire $25 billion debit and credit card program to stablecoin settlement, PYMNTS reports. The outlet says Mastercard and SoFi are already using stablecoin settlement across the program.