#card-issuers News & Analysis

Mastercard adds SoFiUSD as settlement option for card issuers

Mastercard has integrated SoFi's cash-backed stablecoin SoFiUSD as a settlement option for card issuers across its global payments network. This partnership allows Mastercard issuers to settle card transactions using the SoFiUSD stablecoin instead of traditional fiat currencies.