SoFi shares rise as stablecoin settlement goes live on Mastercard network
SoFi said stablecoin settlement is now live across its debit and credit card programs on Mastercard’s global payments network, making it the first national bank to offer such settlement.
SoFi Technologies (SOFI) shares gained in morning trade on Tuesday after the company said stablecoin settlement is now live across its debit and credit card program on Mastercard’s (MA) global payments network. SoFi said the launch makes it the first national bank to offer stablecoin settlement across its debit and credit card program on Mastercard’s global payments network.