Visa Brings Circle's USDC Needs to American Banks

Visa to Settle Obligations with Circle's USDC

American banks and fintech companies can now settle obligations using Visa with Circle's USDC stablecoin. This process will initially take place on the Solana blockchain.

Initial participants include Cross River Bank and Lead Bank. An expanded rollout is planned by 2026.

Additionally, Visa will support Circle's Arc blockchain and will operate a validator to expand stablecoin infrastructure investments.