Overview
Lloyds Banking Group is a major UK retail and commercial bank. Active in institutional digital asset pilots alongside traditional correspondent banking and corporate markets operations.
Recent Developments
- 2026-10-22: Customer-facing services disrupted during gcp-europe-west2-outage-2026 (~6h Western Europe); cited among UK banks under eba/fca scrutiny (2026-10-22-uk-eu-regulators-google-cloud-outage)
- 2026-09-30: Completed seven-day live pilot with visa settling $750K in USD obligations via usdc (purchased through Archax); funds reached Visa in under one hour including weekends (2026-09-30-visa-lloyds-stablecoin-settlement-trials)
- Operated Canton Network node with configurable privacy; Visa settled on separate public blockchain — cross-network interoperability demo
- Settlement booked through Lloyds Corporate Markets branch in Jersey
Related
- lloyds
- visa
- canton-network
- usdc
- circle
- cross-border-payments
- visa-lloyds-stablecoin-settlement-trials
- stablecoin-clearing-infrastructure
- gcp-europe-west2-outage-2026
- google-cloud