Why Is SoFi Technologies (SOFI) Pushing Crypto Payment Cards Into Mexico?
SoFi Technologies (NasdaqGS:SOFI) is working with Orbi and Mastercard on new crypto-linked payment cards in Mexico. The Orbi program uses SoFi Tech Solutions infrastructure to support crypto-to-fiat card spending for Mexican consumers. The launch creates a potential path for stablecoin-powered remittance products built on SoFi's technology in Latin America. This new Orbi and Mastercard crypto card program in Mexico only captures part of what SoFi is building out. Check out 1 major warning...
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