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Lloyds Sends Visa $750K in USDC While Banks Are Closed
Published Source: Bitcoin.com NewsRead original
Crypto Insight Summary: Lloyds Banking Group used USDC to settle $750,000 in live payment obligations with Visa during a seven-day trial, with funds reaching Visa in under an hour, even over the weekend. The test was the first stablecoin settlement trial between Visa and a major U.K. banking group and crossed both private and public blockchain environments. Lloyds […] Crypto Insight Analysis: Direction: Bullish USDC Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: Institutional adoption of USDC for payments boosts credibility and utility.