Visa Expands USDC Stablecoin Settlement to United States Using Solana Blockchain
Visa has expanded its US stablecoin settlement capabilities to the United States by enabling USDC transactions on the Solana blockchain. This expansion involves initial US banking partners Cross River Bank and Lead Bank.
This move follows Visa's global pilot programs that began in 2023 and builds on its experimentation with USDC since 2021. Current data shows USDC settlement through Visa is at an annualized run rate exceeding $3.5 billion as of November 30.
The USDC settlement allows for faster fund movement and extends settlement from the traditional 5-day business week to a 7-day window. Visa announced that all US card issuers—including banks, fintech firms, and crypto companies—can now settle directly with Visa using USDC.
Visa is also working closely with Circle to prepare for a launch on Arc, with plans to support USDC settlement on this platform and operate a validator node. Additionally, Visa revealed the creation of a stablecoin advisory practice designed to help institutions evaluate and implement stablecoin strategies.
Looking ahead, Visa plans a broader rollout of these capabilities in 2026.
