Visa has just launched stablecoin settlement in the US using Circle USDC’s dollar-pegged digital asset.
The move allows US issuing partners and acquirers to settle transactions on the blockchain, starting with the Solana network.
The move represents a major step in Visa’s pilot program to integrate stablecoins into global commerce.
Visa’s US stablecoin settlement framework is designed to run settlement windows of seven days for faster speed and liquidity, allowing banks and fintech companies to settle transactions every day instead of just five business days.
It also modernizes liquidity and treasury management with automated and advanced processes for banks.
Says Rubel Perwadkar, Global Head of Growth Products at Visa,
“Visa is expanding stablecoin settlement because our banking partners aren’t just asking for it — they’re preparing to use it.
Financial institutions are looking for settlement options that are faster, programmable and integrate seamlessly with existing treasury operations. By bringing USDC settlement to the U.S., Visa provides a reliable, bank-ready capability that improves treasury efficiency while maintaining the security, compliance, and resiliency standards our network requires.
Initial participants include Cross River Bank and Lead Bank.
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