Code & Chain · Signal Desk

SoFi and Mastercard Partner with Orbi on Crypto-Linked Card Pilot in Mexico

Original sourceYour Crypto News Today

Summary

SoFi, Mastercard, and Orbi launched a crypto-linked card pilot in Mexico, with SoFi Tech Options providing BIN sponsorship, allowing card payments to be funded by supported digital assets in Orbi accounts. Orbi handles issuance and processing infrastructure, Mastercard provides the card network; us…

Key points

  • Explains the funding and settlement division of crypto-linked cards in emerging markets, helping readers distinguish card payments from stablecoin institutional settlement.
  • In underbanked markets, crypto-linked cards may be one of the main interfaces for stablecoins to reach everyday consumers.
  • Mexican consumers and cross-border workers can watch for pilot expansion; businesses should watch whether exchange rate and pricing disclosures are transparent.

Editorial note

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