SoFi Brings Its Bank-Issued Stablecoin to 14.7 Million Members

Block’s Cash App has begun a phased rollout of USDC support, turning the app into a stablecoin payment rail for tens of millions of U.S. retail users. Block’s Cash App is gradually enabling stablecoin payments for its nearly 60 million…

SoFi's stablecoin success highlights the growing role of regulated banks in digital finance, potentially reshaping payment systems globally. The post SoFi’s SOFID stablecoin market cap exceeds $100M on Ethereum appeared first on Crypto Briefing.

Stablecoin payments run through settlement and B2B rails, not consumer checkout, BridgerPay CEO Ran Cohen said. Stablecoin payments are running through global settlement and B2B rails rather than consumer checkout pages, BridgerPay co-founder Ran Cohen said in an interview. Stablecoin…

Payments giant Mastercard has secured New York’s BitLicense, one of the toughest regulatory approvals, to advance its digital assets strategy and expand its stablecoin and tokenized deposits infrastructure. Related Reading: UK Targets HTX, Russia-Linked Crypto Firms Amid Crackdown On Sanction Evasion Mastercard Wins Major Regulatory Approval On Wednesday, Mastercard announced that its subsidiary Mastercard Transaction […]

SoFi is making its SoFiUSD token available to members, marking a milestone in the convergence of regulated banking and blockchain.

The payments giant, which processed nearly $11 trillion in volume last year, secured one of the US's most demanding state crypto licenses as it moves to settle transactions in digital assets.

USDT and USDC dominate crypto dollars, but concentration can create payment friction, counterparty risk and policy pressure for users.

Falcon Finance has launched a new institutional payment stablecoin, fUSD, with Anchorage Digital Bank and Ceffu, pitching it as a compliant, non-yielding dollar token backed by U.S. Treasuries for regulated clients. Falcon Finance has announced the joint launch of fUSD,…