SoFi, Mastercard Integrate SoFiUSD for 24/7 Settlements, Tapping $30B Daily Volume
SoFi and Mastercard will integrate SoFiUSD stablecoin across Mastercard’s global payments network, enabling 24/7 card-based settlements for cross-border remittances and B2B transfers. Galileo platform clients and issuing banks will be among the first to settle using SoFiUSD, supported by Mastercard’s Multi-Token Network bridging fiat and tokenized deposits.
1. Partnership Launch
On March 3, SoFi and Mastercard expanded their collaboration with plans to integrate SoFiUSD stablecoin as a settlement option across Mastercard’s global payments network, targeting card-based transactions for faster 24/7 settlement in cross-border remittances and B2B transfers.
2. Technology Implementation
SoFi’s Galileo technology platform will be among the first to enable its financial clients and issuing banks to settle transactions directly in SoFiUSD, providing real-time settlement and reducing liquidity constraints.
3. Market Impact
The integration will leverage Mastercard’s Multi-Token Network to bridge traditional fiat currencies and tokenized deposits, tapping into a market where stablecoin issuance doubled in 2025 and daily transaction volumes approached $30 billion, enhancing liquidity management for institutions.