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Lloyds and Visa settle $750,000 in USDC in a pilot built for weekends

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Lloyds and Visa settle $750,000 using USDC in live cross-border pilot

Lloyds Banking Group and Visa completed a seven-day live pilot settling $750,000 in US dollar payment obligations using USDC stablecoin, with funds reaching Visa in under an hour including over weekends.

Sep 30, 2026·3 sourcesCross-border payoutsPaymentsBlockchain technologyInstitutional crypto adoptionStablecoins
Lloyds and Visa settle $750,000 using USDC in live cross-border pilot
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UK's largest retail bank Lloyds, Visa complete live stablecoin settlement pilot

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Lloyds, Visa settle $750,000 using USDC in live cross-border pilot