CoinScoopSoFi Launches USD-Pegged Stablecoin on Mastercard Network
SoFi Technologies has officially launched its USD-pegged stablecoin, SoFiUSD, on the Mastercard global payment network. The initiative is integrated into SoFi Bank's debit and credit card programs and is projected to handle over $25 billion in annual transaction volume without requiring additional action from merchants.
Summaries are written by AI from the original article. Not investment advice.