Web3
Lloyds and Visa Settle $750,000 in USDC in Cross-Border Pilot
The Defiant·September 30, 2026·1 min read
Lloyds and Visa settled $750,000 in USDC in a seven-day cross-border pilot, sending funds from Jersey to the US in under an hour, including over the weekend. Lloyds used the Canton network while Visa used a separate blockchain, demonstrating real-world stablecoin settlement between major financial institutions.
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