Banking and Crypto Infrastructure Move Closer Together

💳 Banking and Crypto Infrastructure Move Closer Together

🌐 SoFi and Payward, the company behind Kraken, have announced a new partnership connecting traditional banking infrastructure with the cryptocurrency market.

⚡ Through the agreement, Payward will join SoFi’s payment network, allowing institutional clients to move and manage USD liquidity 24/7, without being limited by traditional banking hours.

💵 At the same time, SoFiUSD, SoFi’s stablecoin, will become available on Kraken. SoFi will also use Kraken Prime infrastructure to access crypto liquidity for customer transactions.

🔄 For the crypto exchange industry, this is another sign that the boundaries between banks, payment providers, and crypto platforms are becoming increasingly blurred.

📌 Could 24/7 connectivity between banking and crypto infrastructure become the new standard for the market? 🚀