SoFi Technologies And Mastercard Announce Launch Of Stablecoin Settlement With SoFiUSD On Mastercard’s Global Payments Network
As part of the launch, SoFi Bank is migrating its entire $25 billion card program to stablecoin settlement of transactions using SoFiUSD, the first stablecoin issued by a nationally chartered bank. Transactions are live
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The summary here comes from the news provider; the rest of the article lives on the publisher's site: Benzinga