Lloyds and Visa Complete $750,000 Cross-Border USDC Settlement Pilot
Lloyds Banking Group and Visa successfully settled $750,000 in payment obligations using USDC during a seven-day live pilot announced on September 30. The trial tested cross-border settlements outside of traditional banking hours, with U.S. dollar obligations processed through Lloyds' Corporate Markets branch in Jersey.
Summaries are written by AI from the original article. Not investment advice.