SoFi and Mastercard Launch Bank-Backed Stablecoin

The post SoFi and Mastercard Launch Bank-Backed Stablecoin appeared first on Coinpedia Fintech News SoFi, the first U.S. nationally chartered and FDIC-insured bank to issue a stablecoin on a public blockchain, has partnered with Mastercard to use SoFiUSD for global payment settlements. Launched in December 2025 and fully backed by cash reserves, SoFiUSD enables instant 24/7 transactions for businesses, cross-border remittances, and B2B payments. SoFi CEO Anthony Noto called …