Market News / Story
SoFi Tech Solutions, Orbi and Mastercard Partner to Launch Crypto-Linked Card in Mexico
BusinessWire ·
BusinessWire reports: SoFi Tech Solutions, formerly Galileo, today announced a partnership with Mexican fintech Orbi and Mastercard to launch a crypto-linked card program in Mexico. The program will let Orbi customers use either traditional fiat currency or funds from their crypto balances through a seamless conversion at the time of purchase, while merchants receive traditional fiat currency. Stablecoins accounted for 40% of crypto purchases among Bitso users in Mexico, Argentina, Brazil…