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#SoFi

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SoFi Partners with Mastercard to Launch Crypto Card in Mexico
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SoFi Partners with Mastercard to Launch Crypto Card in Mexico

Key Highlights Mexican fintech Orbi has joined forces with SoFi Tech Solutions and Mastercard to debut a crypto-linked payment card in Mexico. The card facilitates everyday spending by converting crypto balances into fiat currency at the point of sale, with merchants receiving payments in traditional currency. Cardholders can access both virtual and physical formats, as ...

SoFi Moves $25 Billion Mastercard Program Onto Stablecoin Rails
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SoFi Moves $25 Billion Mastercard Program Onto Stablecoin Rails

Key Highlights SoFi becomes the first nationally chartered U.S. bank to settle debit and credit card transactions via blockchain on Mastercard’s global network, processing an estimated $25 billion annually through its SoFiUSD stablecoin. SoFiUSD is backed primarily by cash reserves, redeemable 1:1 for U.S. dollars, and overseen by the Office of the Comptroller of the ...