SOFI Stock Rises After $25B Card Program Moves To Stablecoin Settlement On Mastercard Network
SoFi and Mastercard are exploring additional SoFiUSD use cases, including cross-border payments and remittances. SoFi is migrating its entire $25 billion card program to blockchain-based settlement using SoFiUSD, with transactions already live on the blockchain. SoFiUSD is issued by SoFi Bank, the first OCC-regulated national bank to offer customers access to cryptocurrencies. The company said … Read more