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Lloyds and Visa reportedly complete $750K USDC pilot for cross-border settlement.

Protocol Fundamentals
30 Sep 2026
Coincu
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Bullish
Lloyds and Visa reportedly complete $750K USDC pilot for cross-border settlement.

Lloyds Banking Group and Visa have reportedly completed a $750,000 pilot using USDC stablecoin for cross-border settlement. This test aimed to explore blockchain-based continuous settlement as an alternative to traditional banking methods. While unconfirmed by official sources, the pilot suggests growing institutional interest in stablecoin use for interbank transfers. Further announcements are expected to clarify regulatory and commercial plans.

Lloyds and Visa's $750,000 USDC settlement pilot provides context for cryptocurrency market activity. For readers following crypto markets, here is Pluang's snapshot as of Oct 01, 2026 01:11 WIB: out of 50 major cryptocurrencies, 33 rose and 15 fell. Notable movers include BAL at Rp16.297 with an 11.14% increase and KSM at Rp91.340 with a 10.17% rise.

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