The Wolf Of All Streets(@scottmelker):SoFi just put its $25B annual card volume onchain "Mastercard and SoFi team on stablecoin settlement to cards. This might just sound like another stablecoin story, and it is a story that you're going to hear a lot more stories similar to it in the future, but this is huge." "SoFi has begun settling debit and credit card transactions across Mastercard's network using SoFi USD, which is their stablecoin. They are migrating their entire credit card program, which is expected to process more than $25 billion in annualized volume." "This is live blockchain settlement, not a pilot. This is not a future announcement. This is now happening, at this moment."

2026.09.23 19:07

SoFi just put its $25B annual card volume onchain "Mastercard and SoFi team on stablecoin settlement to cards. This might just sound like another stablecoin story, and it is a story that you're going to hear a lot more stories similar to it in the future, but this is huge." "SoFi has begun settling debit and credit card transactions across Mastercard's network using SoFi USD, which is their stablecoin. They are migrating their entire credit card program, which is expected to process more than $25 billion in annualized volume." "This is live blockchain settlement, not a pilot. This is not a future announcement. This is now happening, at this moment."