Lloyds and Visa Settle $750,000 in USDC in Cross-Border Pilot
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6 Articles
Lloyds and Visa completed a seven-day pilot who moved $750,000 in USDC from Jersey to the United States. The settlement took less than an hour, even during the weekend, while each company used a different blockchain network.
Lloyds and Visa Complete $750K USDC Settlement Pilot
Reports indicate that Lloyds Banking Group and Visa have completed a cross-border settlement pilot using USDC, the dollar-pegged stablecoin, with the test reportedly valued at $750,000, according to unconfirmed reports circulating as of September 30, 2026.Read more...
Visa and Lloyds Complete Live USDC Settlement Pilot
Visa and Lloyds Banking Group have completed a live cross-border settlement pilot using USDC acquired through Archax, testing how stablecoins can operate within institutional settlement processes. The pilot focused on settlement rather than the payment initiation process. Through real-world transactions, the companies examined how USDC could be incorporated alongside existing financial infrastructure while assessing potential […]
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