EVOVX News Index

Anthony Noto Puts $25 Billion of SoFi Card Volume on Stablecoin Rails

· observer.com · popularity 30/100 · 0 similar stories today · Banking, Payments & Fintech (Money, Markets & Investing)

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Summary

SoFi is migrating more than $25 billion in annualized debit and credit card volume to settlement using SoFiUSD. Record earnings give CEO Anthony Noto room to test whether the infrastructure can become a business of its own.

Found in: Blockchain, Observer. Rating basis: single outlet; outlet tier 2 (unlisted); 2 feeds; listed 2 times; feed position 1.