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Visa opens USDC settlement services to US banks via Solana
Odaily Planet Daily reports that Visa has begun allowing U.S. banks and payment partners to use USD-backed stablecoin USDC for transaction settlement within the United States. Cross River Bank and Lead Bank are the first institutions to use Visa USDC settlement services via the Solana blockchain, and Visa plans to expand this service more broadly by 2026. Visa stated that this move aims to provide participating banks with faster fund transfers and a seven-day settlement window, without changing the consumer card usage experience. As of November 2025, the company’s annualized stablecoin settlement volume has exceeded $3.5 billion.