Visa reports a $25 billion annualized stablecoin settlement pace and over 225 card programs. Its earnings show broader adoption, but not $25 billion in revenue.
Lloyds and Visa completed a seven-day USDC pilot, moving $750,000 in obligations in under an hour, including weekends. Costs and rollout remain undisclosed.
Visa has launched its Stablecoin Platform for banks and fintechs, starting with Open USD as it targets integration across a network of more than 200 million merchants.
Dinari and tZERO are building a single-integration framework for broker-dealers to launch, trade, custody, clear and settle tokenized U.S. equities.
Visa and Brale are testing SBC stablecoin settlement on Canton, adding privacy controls to Visa's institutional stablecoin push.
Mastercard will support regulated stablecoin settlement with USDC, PYUSD, USDG, USDP, RLUSD and SoFiUSD across major blockchain networks.
Visa says select U.S. banks can now settle VisaNet obligations in Circle’s USDC on Solana. How it works, and why BTC and ETH are still down.