SoFi Bank, N.A.

New Capabilities

Issuer of SoFiUSD, first national bank to go live with stablecoin settlement

SoFi Bank's debit and credit card program, worth more than $25 billion in annualized volume, now settles on Mastercard's network using SoFiUSD, a stablecoin the bank itself issues. It's the first time a nationally chartered bank has put stablecoin settlement live on a major card network.

Updated 1 hour ago