MonitoringCryptoMarket structureFirst tracked 2026-09-24Last changed 2026-09-24
Current outcome
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.
Progress timeline
1 material updates- #01
SoFi tie-up shows stablecoins can provide alternative blockchain settlement rail
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.
Source evidence: Cointelegraph