Mastercard Stock Holds Flat as $25 Billion Stablecoin Settlement Goes Live

Mastercard NYSE:MA, the global payments network, began settling SoFi Bank card transactions using SoFiUSD, while its shares holds flat at $565.21 at 11.38am ET time on Friday. The launch puts a bank-issued stablecoin to work inside an operating card program. Investors barely moved Mastercard's stoc…