Project Progress

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SoFi and Mastercard’s stablecoin settlement goes live, putting more than $25 billion in annualized card transactions on-chain

SoFi and Mastercard announced on September 22 that stablecoin settlement services had gone live, with SoFi Bank gradually transitioning its debit and credit card businesses to blockchain-based settlement using $SoFiUSD and total annualized transaction volume exceeding $25 billion. SoFi said the launch made it the first U.S. national bank to enable stablecoin settlement on Mastercard’s global payment network. $SoFiUSD Architecture and Merchant Experience: Issued by an OCC-Regulated Bank, Front-En
SOFI-3.52%
MA0.50%
ETH-3.23%
MarketWhisper·7h ago
SoFi與Mastercard穩定幣結算上線

SEC Commissioner Calls for Withdrawal of Multiple Crypto Lawsuits to Protect Credibility; Innovation Exemption Launches Tokenized Stock Pilot

SEC Commissioner Mark Uyeda said on Sept. 23 that the SEC had dismissed several cryptocurrency-related lawsuits inherited from the previous administration because continuing to defend “legal interpretations that are soon to be overturned” would damage the SEC’s credibility. Uyeda also characterized the SEC’s “innovation exemption” mechanism for tokenized securities as a “pilot program,” saying the framework could create “substantial potential opportunities.” Reasons for Dismissing the Lawsuits:
MarketWhisper·8h ago
SEC委員Mark Uyeda表示已撤銷多起加密訴訟保護公信力