SoFi Technologies has moved its $25 billion card program to a stablecoin settlement system, partnering with Mastercard to modernize back-end payment infrastructure.
SoFi Bank and Mastercard have launched a stablecoin settlement system for a $25 billion card program, enabling instant merchant payments via the SoFiUSD stablecoin.
SoFi Bank has launched stablecoin-based card transaction settlement on the Mastercard network, with projected annual volumes exceeding $25 billion.
SoFi Technologies has expanded its deposit base to $45.5 billion, marking a 33-fold increase since the company secured a national bank charter in 2022.
Kraken and SoFi Technologies have announced a partnership to integrate digital asset trading with banking infrastructure and real-time settlement systems.
Payward has partnered with SoFi to integrate the SoFiUSD stablecoin and connect Kraken to a 24/7 dollar settlement network.
Kraken and SoFi Technologies have announced a partnership to integrate their financial networks, enabling 24/7 dollar settlements and the listing of the SoFiUSD stablecoin.
