Visa to Allow U.S. Institutions to Settle Transactions Using Circle’s USDC on Solana
Visa Inc. introduced on Tuesday it’s set to permit stablecoin-based settlement throughout its US funds community broadening its suite of crypto-related companies.
The funds big will permit US monetary establishments to settle transactions utilizing Circle Internet Group Inc.’s USDC stablecoin over the Solana blockchain.
Faster Settlement for U.S. Banks?
By permitting USDC settlement, Visa stated it’s providing banks and fintechs quicker funds motion over blockchain networks, seven-day availability, and improved resilience throughout weekends and holidays.
Initial individuals embrace Cross River Bank and Lead Bank, each of that are settling transactions with Visa in USDC over the Solana blockchain. Visa stated broader availability for U.S. establishments is deliberate via 2026.
Blockchain Infrastructure and Arc Partnership
Visa stated it is usually deepening its collaboration with Circle by serving as a design companion for Arc, a new Layer 1 blockchain at present in public testnet. Arc is being constructed to assist high-performance, large-scale business exercise onchain.
Visa plans to use Arc for USDC settlement inside its community and intends to function a validator node as soon as the blockchain goes stay, additional integrating blockchain infrastructure into its core settlement processes.
Modernizing Treasury and Liquidity Management
According to Visa, U.S. stablecoin settlement permit seven-day settlement home windows, improved liquidity administration, and larger automation for taking part banks. The framework is designed to bridge conventional fee rails with blockchain-based infrastructure whereas sustaining Visa’s requirements for safety, compliance, and reliability.
“Financial establishments are making ready to use stablecoins as a part of their treasury operations,” stated Rubail Birwadker, Visa’s Global Head of Growth Products and Strategic Partnerships. “USDC settlement offers banks a quicker, programmable choice that integrates with current techniques.”
Building on a Global Stablecoin Track Record
This newest U.S. launch builds on Visa’s earlier stablecoin settlement pilots throughout Latin America, Europe, Asia-Pacific, and the Middle East and Africa. Visa started experimenting with USDC settlement in 2021 and have become one of many first main fee networks to settle transactions in a stablecoin in 2023.
Circle stated the U.S. enlargement represents a milestone for institutional adoption of stablecoins, whereas early banking companions highlighted advantages akin to clearer liquidity timing and API-driven settlement.
Visa stated it is going to proceed to develop its stablecoin capabilities and just lately launched a Stablecoins Advisory Practice via Visa Consulting & Analytics to assist monetary establishments assess and implement stablecoin methods.
Binance Blockchain Week Highlights Stablecoin Momentum
Speaking at Binance Blockchain Week 2025, Binance CEO Richard Teng targeted closely on the fast enlargement of the stablecoin market, describing stablecoins as certainly one of crypto’s simplest real-world use instances. He stated world stablecoin market capitalisation climbed by practically 50% this 12 months, whereas the variety of wallets holding stablecoins has additionally risen by round 50%.
Teng highlighted transaction information as proof that stablecoins are shifting firmly into the monetary mainstream. He famous that day by day stablecoin transaction volumes have now surpassed these processed by Visa.
Teng additionally attributed this development to bettering regulatory readability, together with current progress within the US, and pointed to emerging-market initiatives akin to Bhutan’s nationwide crypto funds system constructed on Binance Pay as examples of how stablecoins are more and more getting used as core fee infrastructure relatively than speculative devices.
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