Mastercard Stock Holds Flat as $25 Billion Stablecoin Settlement Goes Live

This article first appeared on GuruFocus. Mastercard (NYSE:MA), the global payments network, began settling SoFi Bank card transactions using SoFiUSD, while its shares holds flat at $565.21 at 11.38am ET time on Friday. The launch puts a bank-issued stablecoin to work inside an operating card program. Investors barely moved Mastercard's stock. Warning! GuruFocus has detected 6 Warning Signs with ORCL. Is MA fairly valued? Test your thesis with our free DCF calculator.MA GF Value chart SoFi says the program is expected to handle more than $25 billion in annualized card volume. That is the size of the card program, not a reported total for stablecoin transactions or new Mastercard revenue.