Kraken and SoFi Partner on Stablecoin and 24/7 Settlement
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Written by:
Nate Kostar, staff writer
Reviewed by:
Sam Bourgi, staff writer
Kraken parent Payward partners with SoFi on stablecoin, 24/7 settlement
Latest News
Published: Sep 3, 2026
The partnership will bring SoFiUSD to Kraken, connect Payward to SoFi’s 24/7 dollar settlement network, and grant SoFi access to digital asset liquidity through Kraken Prime.
Key Takeaways:
- SoFiUSD integration on Kraken, a dollar-backed stablecoin launched in 2026.
- 24/7 dollar settlement through SoFi’s network.
- Enhanced liquidity for SoFi through Kraken Prime’s smart order routing.
- Expanding partnerships between traditional and cryptocurrency institutions.
Related Stories:
- Kraken parent Payward acquires Magic Labs’ wallet business
- Payward expands traditional finance ties
- Bybit Pay integrates with Mesh to expand crypto payments
Source:
- Payward
- Kraken
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