Visa Launches USDC Blockchain Payments

Visa Integrates USDC Settlement on Solana for US Institutions

• Visa now enables US institutions to settle transactions using USDC over the Solana blockchain.
• This initiative aims to enhance treasury efficiency, liquidity timing, and operational resilience for banks and fintech partners.
• Banks such as Cross River Bank and Lead Bank have started settling in USDC via Solana, with plans to expand across the US by 2026.
• The solution offers seven-day availability, faster settlement cycles, and more predictable liquidity management without altering the cardholder experience.
• Nikhil Chandhok of Circle highlights the move as a milestone for internet-native money moving at software speed.

Visa’s integration of USDC settlement on Solana marks a significant step in modernizing institutional payment systems, enhancing efficiency while maintaining security standards. The initiative is set to expand further across the United States by 2026.