{
  "version": 1,
  "event_id": "evt_a4797d8045cf7def",
  "url": "https://xiyu.news/events/evt_a4797d8045cf7def/",
  "json": "https://xiyu.news/api/events/evt_a4797d8045cf7def.json",
  "type": "market_structure",
  "status": "monitoring",
  "category": "crypto",
  "title": {
    "zh": "SoFi 合作表明稳定币可提供替代性的区块链结算通道",
    "en": "SoFi tie-up shows stablecoins can provide alternative blockchain settlement rail"
  },
  "current_state": {
    "zh": "SoFi 已开始使用其 SoFiUSD 稳定币与 Mastercard 结算借记卡和信用卡交易，并将其整个卡项目——预计年化交易额超过 250 亿美元——迁移至基于区块链的结算通道。SoFi 发言人对 Cointelegraph 表示，这一变化并未将中介机构排除在外，而是提供了一条基于区块链的替代结算通道。\n\n此次迁移让一个规模庞大且已实际运行的卡项目采用区块链结算，同时不改变消费者的支付方式，说明稳定币可以替代支付体系中一个较窄的环节——即用于参与方之间结算义务的传统银行通道。Visa 也在朝这一方向推进，该公司在 4 月表示其稳定币结算试点已达到 70 亿美元的年化运行规模，并扩展至九条区块链，称区块链结算是“对传统结算通道的可行补充”。\n\n据该发言人介绍，这一变化对持卡人来说基本不可见，他们仍照常使用卡片，而银行则在链上更快地完成结算。专家提醒称，经济效益并不会自动改善：Gravity Team 联合创始人兼首席执行官 Martins Benkitis 表示，网络和银行仍然存在；Truth Ventures 创始人 Varun Datta 则表示，在计入兑换、合规、整合和稳定币管理成本后，区块链上的速度并不必然意味着端到端支付更便宜。",
    "en": "SoFi began settling its debit and credit card transactions with Mastercard using its SoFiUSD stablecoin, migrating an entire card program expected to process more than $25 billion in annualized volume onto blockchain-based settlement rails."
  },
  "first_seen_at": "2026-09-24T17:26:48.736851+00:00",
  "last_updated_at": "2026-09-24T17:26:48.736851+00:00",
  "last_material_change_at": "2026-09-24T17:26:48.736851+00:00",
  "confidence": 0.75,
  "updates_count": 1,
  "sources_count": 1,
  "entities": [
    "sofi",
    "stablecoins"
  ],
  "identifiers": [],
  "topics": [
    "mastercard",
    "stablecoins"
  ],
  "updates": [
    {
      "update_id": "upd_a7708789e92db9e1",
      "event_id": "evt_a4797d8045cf7def",
      "occurred_at": "2026-09-24T15:57:00Z",
      "published_at": "2026-09-24T15:57:00Z",
      "first_seen_at": "2026-09-24T17:26:48.736851Z",
      "time_precision": "published",
      "update_type": "initial",
      "material_change": true,
      "title_zh": "SoFi 合作表明稳定币可提供替代性的区块链结算通道",
      "title_en": "SoFi tie-up shows stablecoins can provide alternative blockchain settlement rail",
      "what_changed_zh": "SoFi 已开始使用其 SoFiUSD 稳定币与 Mastercard 结算借记卡和信用卡交易，并将其整个卡项目——预计年化交易额超过 250 亿美元——迁移至基于区块链的结算通道。SoFi 发言人对 Cointelegraph 表示，这一变化并未将中介机构排除在外，而是提供了一条基于区块链的替代结算通道。\n\n此次迁移让一个规模庞大且已实际运行的卡项目采用区块链结算，同时不改变消费者的支付方式，说明稳定币可以替代支付体系中一个较窄的环节——即用于参与方之间结算义务的传统银行通道。Visa 也在朝这一方向推进，该公司在 4 月表示其稳定币结算试点已达到 70 亿美元的年化运行规模，并扩展至九条区块链，称区块链结算是“对传统结算通道的可行补充”。\n\n据该发言人介绍，这一变化对持卡人来说基本不可见，他们仍照常使用卡片，而银行则在链上更快地完成结算。专家提醒称，经济效益并不会自动改善：Gravity Team 联合创始人兼首席执行官 Martins Benkitis 表示，网络和银行仍然存在；Truth Ventures 创始人 Varun Datta 则表示，在计入兑换、合规、整合和稳定币管理成本后，区块链上的速度并不必然意味着端到端支付更便宜。",
      "what_changed_en": "SoFi began settling its debit and credit card transactions with Mastercard using its SoFiUSD stablecoin, migrating an entire card program expected to process more than $25 billion in annualized volume onto blockchain-based settlement rails.",
      "current_state_zh": "SoFi 已开始使用其 SoFiUSD 稳定币与 Mastercard 结算借记卡和信用卡交易，并将其整个卡项目——预计年化交易额超过 250 亿美元——迁移至基于区块链的结算通道。SoFi 发言人对 Cointelegraph 表示，这一变化并未将中介机构排除在外，而是提供了一条基于区块链的替代结算通道。\n\n此次迁移让一个规模庞大且已实际运行的卡项目采用区块链结算，同时不改变消费者的支付方式，说明稳定币可以替代支付体系中一个较窄的环节——即用于参与方之间结算义务的传统银行通道。Visa 也在朝这一方向推进，该公司在 4 月表示其稳定币结算试点已达到 70 亿美元的年化运行规模，并扩展至九条区块链，称区块链结算是“对传统结算通道的可行补充”。\n\n据该发言人介绍，这一变化对持卡人来说基本不可见，他们仍照常使用卡片，而银行则在链上更快地完成结算。专家提醒称，经济效益并不会自动改善：Gravity Team 联合创始人兼首席执行官 Martins Benkitis 表示，网络和银行仍然存在；Truth Ventures 创始人 Varun Datta 则表示，在计入兑换、合规、整合和稳定币管理成本后，区块链上的速度并不必然意味着端到端支付更便宜。",
      "current_state_en": "SoFi began settling its debit and credit card transactions with Mastercard using its SoFiUSD stablecoin, migrating an entire card program expected to process more than $25 billion in annualized volume onto blockchain-based settlement rails.",
      "detailed_summary_zh": "SoFi began settling its debit and credit card transactions with Mastercard using its SoFiUSD stablecoin, migrating an entire card program expected to process more than $25 billion in annualized volume onto blockchain-based settlement rails.",
      "detailed_summary_en": "SoFi began settling its debit and credit card transactions with Mastercard using its SoFiUSD stablecoin, migrating an entire card program expected to process more than $25 billion in annualized volume onto blockchain-based settlement rails.",
      "background_zh": "SoFiUSD 由 SoFi Bank 发行，媒体报道称其为首个由银行发行、并与美国银行消费者应用绑定的稳定币。稳定币正越来越多地被用于在现有卡网络背后完成支付结算，使资金可以全天候流转，而无需改变消费者的支付方式。美联储研究人员在 3 月的一份报告中写道，稳定币可能改变支付的经济性，但不一定会消除银行。",
      "background_en": "SoFiUSD is issued by SoFi Bank and has been described in press coverage as the first bank-issued stablecoin tied to a US bank's consumer app. Stablecoins are increasingly being used to settle payments behind existing card networks, allowing money to move around the clock without changing how consumers pay. Federal Reserve researchers wrote in a March note that stablecoins could change the economics of payments without necessarily eliminating banks.",
      "community_discussion_zh": "",
      "community_discussion_en": "",
      "market_impact_zh": "此次迁移将一部分卡结算义务——预计年化超过 250 亿美元——从传统银行通道转移到由银行发行的稳定币上，这一渠道涉及稳定币发行与托管、Mastercard 和 Visa 的结算网络以及跨境流动性提供。由于消费者并不直接持有加密资产，对代币市场的影响主要通过美元稳定币基础设施和结算需求传导，而非通过散户交易活动。",
      "market_impact_en": "The migration moves a slice of card-settlement obligations — more than $25 billion in expected annualized volume — from traditional bank rails onto a bank-issued stablecoin, a channel that touches stablecoin issuance and custody, the Mastercard and Visa settlement networks, and cross-border liquidity provision. Because consumers are not holding crypto directly, any transmission to token markets runs through dollar-backed stablecoin infrastructure and settlement demand rather than through retail trading activity.",
      "importance_score": 7.5,
      "references": [
        {
          "url": "https://cryptobriefing.com/sofi-stablecoin-settlement-mastercard/",
          "title": "SoFi and Mastercard launch stablecoin settlement across $25 ..."
        },
        {
          "url": "https://finance.yahoo.com/markets/crypto/articles/sofi-stock-rises-25b-card-134233561.html?fr=sycsrp_catchall",
          "title": "SOFI Stock Rises After $25B Card Program Moves To Stablecoin ..."
        },
        {
          "url": "https://beincrypto.com/learn/sofiusd-stablecoin/",
          "title": "SoFiUSD Explained: Is a Bank-Issued Stablecoin Safer Than USDT or..."
        }
      ],
      "confidence": 0.75,
      "story_ids": [
        "rss:cointelegraph.com_rss:942b17515b4a4ce8"
      ],
      "sources": [
        {
          "url": "https://cointelegraph.com/news/sofi-moves-25b-card-program-to-stablecoin-settlement-with-mastercard?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound",
          "label": "Cointelegraph",
          "source_type": "rss",
          "official": false
        }
      ]
    }
  ]
}