Overview
Visa and lloyds-banking-group completed a seven-day live pilot in September 2026 settling $750,000 in USD obligations using usdc, demonstrating sub-hour settlement including weekends.
Key Facts
- Lloyds purchased USDC via Archax; settlement booked through Jersey Corporate Markets branch
- Lloyds operated canton-network node; Visa settled on separate public blockchain
- Cross-network interoperability demo for institutional stablecoin settlement
Related
- visa
- lloyds-banking-group
- usdc
- circle
- canton-network
- visa-stablecoin-platform
- hsbc-redcoin-stablecoin-launch