Kraken parent Payward partners with SoFi on stablecoin, 24/7 settlement

Crypto exchange Kraken’s parent company, Payward, has announced a strategic partnership with digital financial services firm SoFi to integrate stablecoin technology and enable seamless 24/7 financial settlements. This collaboration bridges the traditional banking sector with digital assets, allowing SoFi customers to benefit from the speed and efficiency of blockchain-based transactions. By leveraging Payward’s robust crypto infrastructure, the alliance aims to modernize payment rails and reduce operational friction in modern finance. The move highlights the growing mainstream adoption of stablecoins as financial institutions increasingly seek round-the-clock liquidity solutions.