SoFi and Mastercard put stablecoin settlement into operation

[Criptoview]

On September 22, 2026, SoFi and Mastercard announced that stablecoin settlement is live across SoFi Bank's debit and credit card program. In practice, the money owed for purchases made with those cards is now settled in SoFiUSD, the dollar stablecoin issued by the bank itself, and recorded on a blockchain. According to the companies, SoFi Bank is migrating its entire card program, which is expected to process more than US$25 billion in annualized volume. The announcement marks a change of phase: stablecoin settlement stops being a test and starts running in production, with a regulated bank on one side and one of the world's largest card networks on the other.

Could this be a trend with the potential to boost the crypto market as a whole?

Full article: https://criptoview.net/en/sofi-mastercard-liquidacao-stablecoin/

Leave your opinion in the comments.

[Orpichukwu]

Could this be a trend with the potential to boost the crypto market as a whole?

It’s only a trend on the stablecoin market and not a general thing. Neither do I see it as something that can have any direct effect on the market. The way the stablecoin issuers are competing among themself is to see which one can have a larger reach and hold most of the transaction volume, such is expected, and it’s not even as if this is entirely new. We also have a centralised service which offers crypto ATM that can be topped up and spent from. The only difference I see from what’s described in the article is that one is backed up by a bank and the other is not.

[stadus]

Could this be a trend with the potential to boost the crypto market as a whole?

This is just about stablecoins in the market while the whole market is huge, you include Bitcoin on that as its currently the king.

Will it boost? not necessarily, because this is already in place, stablecoins are being used already, but for the banking system this is a good adoption on their part as transactions could be settled quicker and it could be done even outside the normal operating hours of banks, with blockchain it can be done 24/7.

We just hope other banks will follow so they can really enjoy the benefits of what the blockchain could give and that depositors or users of the system will be able to enjoy it even if they are using fiat for this.

[_act_]

It’s only a trend on the stablecoin market and not a general thing. Neither do I see it as something that can have any direct effect on the market.

This is just about stablecoins in the market while the whole market is huge, you include Bitcoin on that as its currently the king.

Stable coins are just like fiat, but a company like MasterCard will make it worse because it will be in a way that what you can not use fiat for, you can not also use the supported stable coins for it. Unlike the actual use of the stable coin which can be sent without any borders, but MasterCard will make it become something else while their users will think they are using stable coins.