CRYPTO PAYMENTS LLOYDS AND VISA COMPLETE USDC CROSS BORDER PILOT

Traditional finance continues moving deeper into blockchain based settlement infrastructure.

Lloyds and Visa have completed a live cross border payment pilot involving approximately $750,000 settled using USDC.

The development demonstrates how stablecoins are increasingly being tested for institutional settlement and international payment infrastructure.

At the same time, banks and financial institutions are expanding their use of blockchain systems for tokenized deposits, stablecoin payments and real time settlement.

The continued involvement of major financial institutions shows that blockchain activity is increasingly moving beyond trading and into practical payment and settlement applications.

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