Lloyds uses USDC to settle $750,000 with Visa in under an hour

Lloyds Banking Group and Visa have completed a seven day live stablecoin pilot that settled $750,000 in cross border payment obligations, with funds reaching Visa in under an hour even during the weekend. According to Lloyds Banking Group, the trial…

Source: https://crypto.news/lloyds-uses-usdc-to-settle-750000-with-visa-in-under-an-hour/