Visa Opens Network to Stablecoin Settlement With US Banks (1)

Visa Inc. is opening its US network to stablecoin settlement, expanding crypto-linked products and services enabled by the relaxed regulatory environment under the second Trump administration.

The global payments giant said on Tuesday that it would allow US institutions to settle transactions using Circle Internet Group Inc.’s USDC token over the Solana blockchain. Cross River Bank and Lead Bank are among the first to use the service. Visa, a design partner for Circle’s Arc blockchain, will also support that network once it launches.

Visa has previously tested stablecoin settlement overseas, but this marks the first full deployment in the ...