Blockchain
Lloyds Settled $750,000 in USDC. Visa's Chain Has No Name.
Lloyds and Visa finished a seven-day USDC pilot on Sept. 30. Jersey booked $750,000, funds arrived in under an hour, and Visa's public chain is still unnamed.
#Visa
Articles tagged with Visa
web3
Visa Wants Settlement Data to Underwrite Stablecoin Cards
Visa is feeding VisaNet history into onchain lenders so stablecoin card programs can borrow working capital. $20 billion annualized settlement. Credit Coop already did $2.5 billion. This is credit, not a coin drop.
Blockchain
Coinbase Wants Community Banks to Take Stablecoins Before the Senate Votes
Coinbase and Moov will embed acceptance and settlement in more than 1,000 community banks, days before a Clarity Act cloture test. Visa, separately, is feeding card data to onchain lenders.
Web3
Visa and Mastercard Just Teamed Up on a Stablecoin — Here's Why That Changes Everything
A consortium including Visa, Mastercard, and major banks launched a global stablecoin initiative, marking the moment when the payment card networks officially embraced blockchain-based settlement as core infrastructure.