CoinScoopSoFi Integrates SoFiUSD Stablecoin for Mastercard Card Settlements
SoFi Bank has officially integrated its SoFiUSD stablecoin into Mastercard's payment network to settle credit and debit card transactions. The bank expects the initiative to handle over $25 billion in annualized transaction volume, marking the first time a U.S. national bank has utilized stablecoin settlement for card operations.
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