SoFi (SOFI), Mastercard (MA) Partner to Integrate SoFiUSD Stablecoin for Global Settlement
SoFi Technologies Inc. (NASDAQ:SOFI) is one of the stocks that should double in 3 years. On March 3, SoFi Technologies and Mastercard (NYSE:MA) announced an enhanced partnership to integrate SoFiUSD as a settlement option across Mastercard’s global payments network. SoFiUSD is a fully reserved US dollar stablecoin and represents the first such asset offered by a US nationally chartered and insured bank on a public blockchain. The collaboration aims to accelerate money movement for global use cases, inclu ...