SoFi (SOFI), Mastercard (MA) Partner to Integrate SoFiUSD Stablecoin for Global Settlement

SoFi Technologies Inc. (NASDAQ:SOFI) is one of the stocks that should double in 3 years. On March 3, SoFi Technologies and Mastercard (NYSE:MA) announced an enhanced partnership to integrate SoFiUSD as a settlement option across Mastercard’s global payments network. SoFiUSD is a fully reserved US dollar stablecoin and represents the first such asset offered by a US nationally chartered and insured bank on a public blockchain.

The collaboration aims to accelerate money movement for global use cases, including cross-border remittances and B2B transfers, by allowing card-based transactions to settle 24/7. As part of the rollout, Galileo, SoFi Technologies Inc.’s (NASDAQ:SOFI) technology platform, will be among the first to allow its financial clients and issuing banks to settle transactions using SoFiUSD.

Additionally, the asset is expected to be supported by the Mastercard Multi-Token Network, a digital platform designed to bridge the gap between traditional fiat currencies and tokenized deposits. This integration is intended to enhance interoperability and provide financial institutions with greater flexibility in how they manage liquidity and payouts. The partnership follows a surge in stablecoin adoption, with issuance doubling in 2025 and daily transaction volumes reaching ~$30 billion.

SoFi Technologies Inc. (NASDAQ:SOFI) provides various financial services in the US, Latin America, Canada, and Hong Kong. The company operates through three segments: Lending, Technology Platform, and Financial Services.

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