Defi
SoFi Technologies (SOFI) Stock Rises 3% After Mastercard Stablecoin Launch
CoinCentral·September 22, 2026·1 min read
SoFi Technologies stock rose 3% after announcing stablecoin settlement is live on Mastercard's network. SoFi Bank is migrating its entire card program to blockchain-based settlement, targeting over $25 billion in annualized volume. SoFiUSD is the first stablecoin issued by a nationally licensed bank, fully backed 1:1 by US dollars.
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