SoFi Enables Stablecoin SoFiUSD Settlement across Mastercard’s Payments Network

SoFi Technologies (NASDAQ: SOFI) is pushing its bank-issued digital dollar forward, blending traditional finance with blockchain capabilities. The developments underscore growing confidence in regulated stablecoins for everyday payments and institutional use. Recently this month, SoFi revealed an expanded collaboration with Mastercard (NYSE: MA). The partnership allows SoFiUSD — the company’s U.S. dollar-pegged stablecoin — to serve as a settlement currency across Mastercard’s vast global network.Issuers an ...