Visa launched USDC settlement for US financial institutions, starting with Cr Visa launched USDC settlement for US financial institutions, starting with Cr
Visa launches USDC settlement for US banks on Solana blockchain
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Visa launched USDC settlement for US financial institutions, starting with Cross River and Lead Bank on Solana, with a wider rollout planned for 2026.
Payment processing giant Visa has launched USDC settlement services for some United States-based financial institutions.
Visa said Tuesday that its USDC (USDC) settlement service is available for US financial institutions, with Cross River Bank and Lead Bank as the first participants; they have already begun settling with Visa in USDC on the Solana blockchain, and a broader rollout is expected in 2026.
The report follows USDC issuer Circle’s launch of the public testnet for its layer-1 blockchain Arc, with over 100 major partners, including Visa, Mastercard, BlackRock and Goldman Sachs, in late October. Visa noted that it is a design partner for the network, which “offers the performance and scalability needed to help support Visa’s global commercial activity.”
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