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Wire · technology

SoFi Becomes First National Bank to Go Live with Stablecoin Settlement across ...

22 September 2026 · By · Wire by Fusion42

Published

22 September 2026

Topic

technology

◆ Sectors

Fintech

◆ Geography

United States

◆ Source

Read at investors.sofi.com →

◆ Verified

Fusion42 · 23 September 2026 · Fusion42 review

SoFi Bank has launched stablecoin settlement using SoFiUSD across its $25 billion card program on Mastercard's global payments network, enabling blockchain-based transaction settlement with immediate fund availability for merchants.

This Wire brief sits within Fusion42's coverage of Fintech, and 6 sources have reported it between 22 Sep 2026 and 24 Sep 2026.

◆ ◆ The Wire takeaway

You can now settle payments on blockchain without disrupting merchant operations or requiring stablecoin custody. This opens direct access to instant fund availability and zero-cost withdrawals, creating a new payment rails opportunity for fintech builders and payments integrators.

◆ Coverage

6 sources · first reported 22 Sep 2026 · latest 24 Sep 2026

◆ Topics

Fintechstablecoinpaymentsblockchaincard-programbank-issuedmastercard