SoFi, Kraken Parent Payward Link Banking Rails in 24/7 Settlement Deal

This tie-up blurs the line between traditional banking hours and crypto's always-on trading, potentially setting a precedent for how fintechs and exchanges settle across fiat and digital assets. The key signal is distribution: Payward gains a regulated banking partner's client base, while SoFi secures institutional-grade liquidity for its stablecoin. What matters next is whether other banks or exchanges replicate this model, and how regulators view a bank's stablecoin trading on a major offshore exchange. The arrangement's success will hinge on operational reliability and whether it attracts similar partnerships.