Mastercard is set to incorporate regulated stablecoins into its back-end card settlement processes through a collaboration with SoFi Technologies and its SoFiUSD token. According to NS3.AI, SoFi Bank, N.A. plans to settle Mastercard credit and debit card transactions using SoFiUSD. Additionally, Galileo Financial Technologies will enable banks and fintech issuers on its network to opt into this settlement process. Mastercard has clarified that consumer card usage will remain unaffected, as the stablecoin application is confined to clearing and settlement activities between financial institutions.