Lloyds and Visa Settle $750,000 in USDC via 7 Day Pilot

Crypto20 days ago

The bank and the payments network tested a system for moving assets outside of standard business hours. Lloyds and Visa completed a 7 day live pilot that settled $750,000 using the USDC stablecoin, with funds reaching the receiving party in under an hour, including transactions processed over the weekend.

The project demonstrates that stablecoin settlement can move interbank funds faster than conventional systems, which typically experience delays or closure on weekends. By using a digital ledger, the participants maintained liquidity and transaction speeds that bypass legacy banking constraints.

Saga

Mastercard stablecoin payment-settlement expansion

Portfolio movement

Sep 27, 2026Today

+2.0%-0.6%

How we got here

Oct 16, 2026
Stripe and Plasma Launch Stablecoin Cards Across 30 Countries

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Possible scenarios

42%Pilot Scales Commercially+0.2%
28%Regulators Limit Scaling-0.1%
20%Use Case Stays Niche+0.0%

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.

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