Visa Embraces USDC for US Payments
Update: 2025-12-16
Description
Visas New USDC Settlement Option: Faster, More Predictable Payments for Banks and FintechsVisa is now enabling its US partners to settle payments using USDC, a stablecoin tied to the US dollar. This new option, part of a larger program with $3.5 billion in annual transactions, allows banks and fintechs to settle payments daily, even on weekends and holidays. Initial participants include Cross River Bank and Lead Bank, settling Visa transactions on the Solana blockchain. Visa plans to offer this option to more US partners by 2026 and is working with Circle, USDCs issuer, to support their new Arc blockchain for settlement. This expansion aims to integrate digital currencies into mainstream financial operations.
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