SoFi’s US$25 Billion Card Portfolio Shift To Bank-Issued Stablecoin Might Change The Case For Investing In SoFi Technologies (SOFI)

In September 2026, SoFi Technologies and Mastercard announced that stablecoin settlement went live across SoFi Bank, N.A.’s debit and credit card program, migrating its entire US$25.00 billion card portfolio to SoFiUSD, the first stablecoin issued by a nationally chartered bank on Mastercard’s global network. This move positions bank-issued stablecoins as an operational bridge between traditional payment rails and blockchain infrastructure, potentially reshaping how issuers, acquirers and...