What happened?
SoFi has launched live settlement with its SoFiUSD stablecoin on Mastercard’s network. The related SoFi card program is targeting more than $25 billion in annualized volume.
SoFi begins stablecoin settlement on Mastercard network for program expected to exceed $25 billion in annualized volume
SoFiUSD is the stablecoin identified for the settlement, while the cited volume figure concerns SoFi’s card program.
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