Mastercard

Stories

SoFi becomes first national bank to settle card payments with stablecoin

Partner in the stablecoin settlement rollout

SoFi Bank is moving its debit and credit card program to stablecoin settlement on Mastercard's network. The program is projected at more than $25 billion in annualized volume and settles in SoFiUSD, a token the bank itself issues. It's the first nationally chartered bank to put stablecoin settlement live on a major card network, though the migration is still in progress.

Updated Sep 24

Trump accounts launch: America's first universal child investment program

Rule Changes

Committed to Trump Accounts program

The program launched July 4, 2026, opening for contributions on America's 250th birthday. Treasury deposited $1,000 into 1.4 million eligible accounts, committing $1.4 billion in total; 6 million children are now enrolled.

Updated Jul 7