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Wire · technology

SoFi's Stablecoin Goes Live Across Mastercard's Network

Published

22 September 2026

Topic

technology

◆ Sectors

Fintech

◆ Geography

United States

◆ Source

Read at tradingview.com →

◆ Verified

Fusion42 · 22 September 2026 · Fusion42 review

SoFi has launched its stablecoin, SoFiUSD, across Mastercard's network, enabling its $25 billion card program to settle transactions on blockchain. This stablecoin is issued by SoFi Bank and aims to simplify merchant settlements with instant fund availability and no costs for cash withdrawals.

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 cut payment delays and costs by shifting card settlements onto SoFiUSD stablecoin via Mastercard’s network. Businesses working with merchants or payment rails now have a faster, blockchain-backed option ready to deploy.

◆ Coverage

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

◆ Topics

Fintechstablecoinmastercardblockchainpaymentsmerchant-settlement