
Lloyds and Visa Complete Week-Long USDC Settlement Pilot
A seven-day live test moved $750,000 in obligations between Lloyds Banking Group and Visa using the stablecoin USDC, with funds reaching Visa in under an hour, including over a weekend.
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A seven-day live test moved $750,000 in obligations between Lloyds Banking Group and Visa using the stablecoin USDC, with funds reaching Visa in under an hour, including over a weekend.

Binance has taken a $100 million equity position in Circle Internet Group through a private placement, alongside a five-year renewal of their commercial deal to expand USDC distribution.

A survey by Mercado Bitcoin shows that trading volume had already signalled the shift toward stablecoins since 2024.

A group of 21 international banks, including Goldman Sachs, UBS and Bank of America, is preparing a jointly issued dollar stablecoin, with a euro token to follow, targeting cross-border payments and digital asset settlement.

A 21-strong consortium of global banks, including three major European lenders, is preparing a dollar-pegged stablecoin for 2027, with plans to extend the project to the euro and other G7 currencies.