Visa and FDIC Advance Stablecoin Integration into US Banking Infrastructure
Visa has expanded its USDC settlement program to include U.S. banks, enabling settlement with Circle’s USDC on Solana and integrating on-chain settlement into Visa’s treasury systems. This marks a broader U.S. rollout after prior international tests.
Simultaneously, the FDIC has approved proposed rulemaking under the GENIUS Act that allows FDIC-supervised banks to issue payment stablecoins through subsidiaries. The rules detail requirements for application, governance, reserve and liquidity, and ongoing supervisory oversight. Banks issuing stablecoins under GENIUS must maintain high-quality reserves backing the issued stablecoins and adhere to defined risk-management and compliance standards.
These developments illustrate how stablecoins are increasingly being treated as payments infrastructure and integrated into mainstream financial networks, with alignment among large intermediaries and regulators.
BlackRock's 2026 outlook predicts stablecoins will be a megaforce for the global economy, emphasizing the forecasted impact of these advancements.
Visa executives note that banking partners are actively inquiring about and preparing to use stablecoin settlements, while fintech and crypto innovators are eager to incorporate stablecoins into their product offerings.
