SoFiUSD Comes to Mastercard Network for Stablecoin Settlements
SoFi Technologies and Mastercard announced that Mastercard will support settlement in SoFiUSD across its global payments network, a notable step toward embedding regulated U.S. dollar stablecoins within card rails. By enabling settlement in a tokenized dollar, the arrangement could reduce reconciliation delays and lower settlement costs for issuers and merchants that adopt SoFiUSD, while creating new settlement pathways between wallets, banks, and card processors.
The move strengthens SoFiUSD’s utility and liquidity by placing it directly into mainstream payment flows, and underscores Mastercard’s strategy to bridge traditional payments infrastructure with tokenized assets. Adoption will hinge on issuer and merchant integration and ongoing regulatory oversight, so market participants will be watching for rollout details, pilot partners, and compliance safeguards as the partnership scales.