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#SoFiUSD

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SoFi Raises 2026 Outlook After Revenue Jumps 44% to Record $1.4 Billion
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SoFi Raises 2026 Outlook After Revenue Jumps 44% to Record $1.4 Billion

Key Highlights SoFi shares climbed 9% in premarket trading on Tuesday following the release of its third-quarter earnings report. The digital financial services firm is scaling its digital asset ecosystem, becoming the first national bank to facilitate stablecoin settlements over Mastercard’s network via SoFiUSD. Management projects adjusted net revenue of $5.04 billion in 2026 and ...

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 ...