#SoFiMastercardSettle

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About SoFiMastercardSettle

SoFi and Mastercard launched stablecoin settlement on Sep 22. SoFi debit and credit card transactions will settle in the background via SoFiUSD, covering over $25B in annualized volume. Merchants need not hold stablecoins or change existing payment infrastructure. Mastercard already supports settlement in USDC, PYUSD and RLUSD, showing stablecoins moving into traditional payments. Focus is on actual adoption within the $25B volume and whether the model expands to more institutions and use cases.

Related crypto
USDC
-0.01%
PYUSD
-0.03%
RLUSD
0.00%

SoFiMastercardSettle Popular posts

Alpha TraderX
Alpha TraderX
JUST IN: SoFi and Mastercard launch live stablecoin settlement SoFi is migrating its $25 billion card program to SoFiUSD, the first stablecoin issued by a nationally chartered U.S. bank, bringing stablecoin settlement into its card infrastructure. $SOPH
Crypto Briefing
Crypto Briefing
💥NEW: Mastercard's BVNK integrates Stellar into its stablecoin payments platform, giving businesses another blockchain rail for cross-border payments.
alia khan
alia khan
JUST IN: @SoFi Bank will settle debit and credit card transactions on Mastercard’s network using its stablecoin, SoFiUSD, migrating the full program (~$25B annualized volume). SoFiUSD runs on Solana and Ethereum#BTC87KCryptoCap3T #CryptoTreasuriesBuy #CostcoQ4EarningsWatch
Kalshi
Kalshi
JUST IN: SoFi Bank and Mastercard launch crypto stablecoin settlement network
LunarCrush
LunarCrush
SoFi hasn't pulled a crowd this size in at least a month. About 3.0M engagements so far today, nearly double the 1.6M peak on Aug 26. 1,143 accounts have posted about it, the most in 30 days, and sentiment sits at 86%. Quiet name, loud day.
Watcher.Guru
Watcher.Guru
JUST IN: 🇺🇸 $SOFI Bank and Mastercard launch crypto stablecoin settlement payment network.
Lawson Bae
Lawson Bae
Local stablecoins are like local languages. Yes, English is the language of business and travel. But local languages continue to exist because of network effects. They even grow when their economies and poulation grows. Local stablecoins will be the same.
faXx 824.eth
faXx 824.eth
Fudders and Bundlers are out … upstanding citizens holding Unconditional Support Dog Coins to be minted by the US Treasury are being paid taxes in USDC
Prophet
Prophet
One play makes sense right now. ONE. $USDC (UNCONDITIONAL SUPPORT DOG COIN). EtSVEVHfw75944qMeJs8JZKy3TpgU69pTXY78JvduBY1 Yesterday the US government announced that they would be minting an entire series of coins dedicated to working dogs that would be legal US tender. This coin represents one of those actual coins. This is a narrative getting national attention. This coin was the first issued, and the last one standing after the pvps. It had good traction, was up over 600k, and then the Pump Fun kols tried to bring it down. The biggest holder was on pump fun and had 6% of the token. He waited till about 2:00 in the morning, when almost everyone was asleep, and nuked the chart. I was awake. I started pulling money from other positions on four different platforms and kept buying to keep the token alive. They got it down to around 30k when a couple of the other people woke up and helped me stabilize it. Jack Duvall woke up, saw how much the ticker had dropped, panicked and dumped his position. We held. Now they're all out. Snipers are out. Bundlers are out. Big kols are out. What's left is a monstrous narrative that will keep reoccurring media attention for the next several years, as each new coin gets released, on a token that is right around 100K market cap with 1300+ diamond hand holders, that drops usdc right into holders wallets off of every transaction. The path ahead is clear, the ceiling has no limit and we are right at the beginning of the bull run. Think about that. This is a token with a real narrative and a real community that nets you a 10x just by hitting a million dollar market cap, and this is going to hit so much more than that. It's time. You're early. This is the shot you're always telling people you wish you were lucky enough to get. Don't screw it up
PACT
PACT
Visa recently reported massive stablecoin growth: → $20B in annualized settlement volume (up 15x YoY) → 200% increase in stablecoin card payments As the world becomes increasingly more connected, stablecoin finance continues to be at the center of it.
Rachel Wolfson
Rachel Wolfson
Just wrapped up an insightful interview with @LukeTuttle2049 chief product & technology officer at @MoneyGram for Deep Dive Podcast. We go in-depth on stablecoins and moving money. Can’t wait for this episode to go live! 🙌 Be sure to subscribe to watch first!!
Saifedean Ammous
Saifedean Ammous
Can growing stablecoin demand reduce price inflation & help US fiscal solvency. In this week's episode, I focus on often-overlooked trade-offs: lost seigniorage, displaced long-term Treasury demand & bank credit, & more fragile short-term funding & rollover risk.