# SoFi Moves Its $25 Billion Card Program to Stablecoin Settlement

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/24186
Published: 2026-09-25T14:38:22.000Z
Updated: 2026-09-25T14:38:22.000Z
Section: Business

> SoFiUSD settlement is now live across SoFi Bank’s debit and credit card program on Mastercard’s global payments network.

SoFi Bank has begun settling its full debit and credit card program through SoFiUSD on Mastercard’s global payments network, putting more than $25 billion in expected annualized card volume on a stablecoin settlement rail.

The transactions are live on the blockchain as SoFi migrates the entire card program to SoFiUSD, a stablecoin issued by the nationally chartered bank. The program includes both SoFi debit and credit cards.

The change affects settlement between payment participants, not the way consumers use their cards. Merchants do not need to hold SoFiUSD, build blockchain infrastructure or change their existing payment systems to receive settlement funds.

SoFi and Mastercard announced their partnership in March. SoFi launched SoFiUSD in December 2025 and made it available to users through its app in May.