$sofi They have an exclusive deal with MasterCard to use sofi usd (as well as others) for settlement. The potential partnership with Visa who uses OpenUSD through Coinbase and Circle stablecoins which are already embedded not only with Visa but in Latin America. That's the Trojan Horse concept again. The partnership with visa isn't using sofi as primary settlement but they are discussions regarding setting up Galileo architecture so Sofi usd works seemlesy with the existing primary stablecoins used by Visa with over $20 billion of transactions. That's a sneaky way of having consistent architecture leading to further adoption of Sofi USD by visa not through visa direct demand but by visa partner retailers demand which will occur as a result of their use of Sofi USD with Mastercard. As explained by grok 85% accurately Anthony Noto’s discussions with Visa focus on backend software integration and network interoperability rather than pushing Visa to adopt SoFi USD as a primary settlement asset. While Mastercard remains the exclusive live settlement partner for SoFi USD, SoFi is actively negotiating with Visa to ensure its B2B banking software arm, Galileo, can seamlessly issue stablecoins across both major credit networks. Additionally, the partnership talks aim to bridge the gap between competing ecosystems through the industry's broader Open USD (OUSD) initiative. By collaborating with Visa on shared technological standards, SoFi ensures that its bank-grade token can interact with Visa’s infrastructure, allowing merchants on both networks to process transactions without friction. Crucially, Visa’s hesitation to natively adopt SoFi USD stems from its existing multi-billion dollar allegiance to alternative digital currencies. Visa has built its entire $20 billion stablecoin settlement engine around non-bank stablecoins, heavily relying on Coinbase and Circle's USD Coin (USDC) over high-speed networks like Solana. Because Visa has already anchored its institutional validation and 160+ card programs to the deep liquidity of Circle's ecosystem, Noto's forward-looking Visa discussions focus on establishing bridge protocols that allow bank-issued tokens like SoFi USD to peacefully co-exist and trade with Coinbase and Circle's dominant market assets.