Mastercard Inc (MA)

SoFi Technologies (SOFI) has become a talking point after SoFi Bank and Mastercard activated stablecoin settlement for the bank’s debit and credit cards, using SoFiUSD across a reported US$25b card program. For all the excitement around SoFi Technologies' stablecoin rollout with Mastercard, the share price has been under pressure, with a 30 day share price return that is down 12% and a year to date move that is down 39.62% at a recent US$16.58, even though the 3 year total shareholder return...

Capital One quietly shifted certain cardholders onto a network that gets declined at hotel desks and taxi stands across Europe and Asia, and the reason comes down to a financial calculation most customers never see coming.

Both companies are years from commercial scale and burning cash to get there. The difference is in how long each can keep going.

Mastercard (MA) just switched on stablecoin settlement for SoFi Bank’s debit and credit cards, using SoFiUSD across a reported $25b card program and tying blockchain based assets directly into its existing global network. For investors watching Mastercard’s share price, the story has been more mixed than the product news might suggest. The stock has a 90 day share price return of 13.75%, yet the 30 day move is down 5.15%, which points to momentum cooling after a strong run. Over a longer...

PayPal (PYPL) stock has gained about 24% over the past three months (as of Sept. 24, 2026), but it is still down 21% over the past year. In late August, the shares fell 13% in premarket trading after Bloomberg News reported that a consortium of Advent International and Stripe had abandoned its pursuit of PayPal.

For the past few years, the financial industry has been obsessed with the settlement layer. We watched as Visa settled $20B in stablecoins annually and eventually became a founding validator on Circle’s Arc L1. We saw SoFi launch the first bank-issued stablecoin on Mastercard, signaling that traditional finance was ready to move value at the […]

The program is moving onto SoFiUSD, but actual blockchain-settled volume remains undisclosed.

Visa's management tells its growth story differently than it did two years ago. That matters for your money. The shares cost 31 times a year of earnings, against 22.4 times for the S&P 500. A price that high assumes the growth keeps coming. One label that used to feature in Visa's results has faded. Which part of the business did Visa's management use to highlight in its quarterly results.