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World & Business

SoFi reportedly becomes first U.S. bank to use stablecoin settlement for card payments

SoFi says the program will process more than $25 billion in transactions annually, according to Barron's.

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1 Source, 8d ago, first seen 8d ago

TLDR

Barron's reports that SoFi has become the first U.S. bank to settle card payments using stablecoin. The bank says the program will process more than $25 billion in transactions annually.

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1 Source, first seen 8d ago

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Combined views

10.4K

1 Source, first seen 8d ago

134 likes1 comments7 saves14 reposts

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1 Source

@barronsonlineSoFi Becomes First U.S. Bank to Settle Card Payments on Stablecoin https://trib.al/VIxqNKQ
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    1 Source

    @barronsonlineSoFi Becomes First U.S. Bank to Settle Card Payments on Stablecoin https://trib.al/VIxqNKQ
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