SoFi Unveils White-Label Stablecoin
SoFi is launching its own stablecoin, SoFiUSD, providing open access to its digital asset infrastructure. The offering will allow banks, fintechs, and enterprise partners to leverage SoFi’s operational framework to issue their own white-label stablecoins. The stablecoin is already in use for internal settlement activities, with a rollout to SoFi members expected in the coming […]
Why Walmart Is Taking the Lead Against the Visa and Mastercard Settlement
When the latest iteration of the settlement involving Visa, Mastercard, and various merchants was proposed in November, there was speculation that the deal could reshape the credit card rewards model. However, a group of retailers led by Walmart argued that the settlement doesn’t go far enough to create a meaningful impact for merchants. Under the […]