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Saved February 14, 2026
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Visa has introduced USDC stablecoin settlement in the US, allowing banks to process transactions using Circle’s dollar-pegged stablecoin through blockchain technology. Cross River Bank and Lead Bank are piloting this service, which aims to enhance transaction speed and treasury efficiency. The move indicates a shift toward stablecoins becoming a standard tool for banks.
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Visa has launched USDC stablecoin settlement in the U.S., enabling issuers and acquirers to conduct transactions using Circle’s dollar-pegged stablecoin. This development utilizes blockchain technology for faster transaction processing and offers a seven-day settlement window, enhancing both liquidity and treasury management. The initial pilot involves Cross River Bank and Lead Bank, which are implementing this solution on the Solana blockchain. Visa aims to expand this service more broadly by 2026.
The move reflects a growing demand from financial institutions for quicker, programmable settlement options that integrate with existing banking systems. Visa's Global Head of Growth Products, Rubail Birwadker, highlighted that banks are not only inquiring about stablecoin solutions but are actively preparing to adopt them. This shift signifies a transition from experimental uses of stablecoins to a more robust, bank-ready infrastructure.
Alongside this launch, Visa Consulting & Analytics has introduced a Stablecoins Advisory Practice to guide institutions in navigating the stablecoin market, estimated at $250 billion. Early participants in this advisory program include VyStar Credit Union and Pathward. Visa's monthly stablecoin settlement volume recently surpassed a $3.5 billion annualized run rate, emphasizing its commitment to integrating stablecoin capabilities into its payment network while maintaining compliance and security standards.
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