
SoFi shifts $25B card business to its own stablecoin, challenging Ripple's RLUSD in payments settlement.
SoFi Bank has launched SoFiUSD, its own stablecoin, to settle over $25 billion annually through Mastercard's global payments network, moving from pilot to live production. This bank-issued stablecoin is redeemable 1:1 for U.S. dollars and backed by c...





