Story perspectives

Visa Launches USDC Settlement Services for Faster Transactions

12/16/2025

Summary

Story summary

Visa has launched USDC stablecoin settlement services for U.S. banks, enabling Solana transactions.
Cross River Bank and Lead Bank are the first participants, with broader access planned through 2026.
The system enables faster settlements with a seven-day cycle and preserves consumer card experiences.
Visa is also partnering with Circle on the Arc blockchain for scalable commercial settlements.
The annualized USDC settlement volume runs at $3.5 billion, showing growing institutional demand.

History

Historical Context

The Ethereum blockchain's launch in 2015 set the stage for the development of stablecoins, culminating in the introduction of USDC by Circle in September 2018. Visa's support for USDC in 2021, alongside banks like Cross River, signifies a shift towards blockchain-based financial transactions, with USDC's annualized settlement volume reaching $3.5 billion, potentially transforming traditional banking systems.

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Story summary

Visa has launched USDC stablecoin settlement services for U.S. banks, enabling Solana transactions.
Cross River Bank and Lead Bank are the first participants, with broader access planned through 2026.
The system enables faster settlements with a seven-day cycle and preserves consumer card experiences.
Visa is also partnering with Circle on the Arc blockchain for scalable commercial settlements.
The annualized USDC settlement volume runs at $3.5 billion, showing growing institutional demand.

1 / 2