SoFi integrates stablecoins into FDIC-insured enterprise banking
Enterprises can now manage fiat, crypto, and stablecoin assets through a unified, FDIC-insured solution with real-time API payments. The capability is part of the Big Business Banking platform launch from SoFi. The system integrates the SoFiUSD stablecoin and uses a partnership with Mastercard for payment processing. The platform enables real-time payments through the integration of Galileo technology with the FedNow Service to facilitate rapid transfers between SoFi and other U.S. banks.
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