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News 2026-09-23 17:32 UTC

Mastercard Goes Live With SoFiUSD Settlement for $25 Billion Card Program

Mastercard NYSE:MA, the global payments network, began processing live SoFiUSD settlement for SoFi's debit and credit cards. Shares were up 1.25% to $562.815. The partnership has moved beyond a trial: transactions are running on the blockchain.SoFi is migrating a card program expected to handle mor…