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Lloyds Sends Visa $750K in USDC While Banks Are Closed

Josh1 min read

Visa and Lloyds logos side by sideLloyds Banking Group used USDC to settle $750,000 in live payment obligations with Visa during a seven-day trial, with funds reaching Visa in under an hour, even over the weekend. The test was the first stablecoin settlement trial between Visa and a major U.K. banking group and crossed both private and public blockchain environments. Lloyds […]

Source: https://news.bitcoin.com/stablecoins/lloyds-sends-visa-750k-usdc-banks-closed/

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