Lloyds Banking Group completed a $750,000 payment settlement with Visa using the USDC stablecoin during a seven-day pilot, with funds reaching Visa in under an hour, including weekends. This trial marked the first stablecoin settlement between Visa and a major UK bank, demonstrating faster cross-border payments outside traditional banking hours. Lloyds used a private blockchain (Canton) while Visa operated on a public blockchain, proving stablecoin settlements can work across different blockchain environments. The experiment shows potential for quicker, 24/7 financial settlements without replacing existing payment systems.
The Lloyds and Visa stablecoin payment pilot is the subject, with Pluang market data providing context. For readers following cryptocurrency trends, here is Pluang's market snapshot as of Oct 01, 2026 22:03 WIB: out of 50 major cryptocurrencies, 19 rose and 30 fell. THETA was priced at Rp3.965 with a 1-day change of -4.04%, COMP at Rp432.709 with -3.91%, and DOT at Rp21.100 with -3.82%.
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Cal-Maine Foods reported a fiscal Q1 loss of $1.26 per share, wider than the expected loss of $0.77, with revenue falling to $539.6 million, below estimates. The 42% year-over-year sales decline was driven by lower egg prices, significantly impacting...
An analyst at Truist Financial raised Wells Fargo's price target to $95, suggesting a 20.74% upside from its current price. This optimism is driven by expected strong third-quarter earnings of $1.85 per share and $22.34 billion in revenue, surpassing...
