Visa Payments Breakthrough Brings USDC Directly to Card Issuers and Banks

Visa Payments Breakthrough Brings USDC Directly to Card Issuers and Banks

Visa just flipped the switch on something that’s been brewing for years and enabled Visa payments via USDC.

Now, all US card issuers, from traditional banks to fintechs and even crypto companies, can settle their obligations directly with Visa using USDC, the popular dollar-backed stablecoin from Circle.

Jeremy Allaire, Circle’s co-founder and CEO, called it a “powerful milestone” in mainstream adoption. 

He highlighted how Visa is letting issuers settle in USDC for near-instant, always-on transactions and teased upcoming launches on Circle’s new Arc blockchain.

Circle itself jumped in with excitement, announcing that settlement on Visa in the US is “moving on-chain with USDC.” 

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Visa payments are embracing USDC deeply

For the first time, Visa’s partners can tap into blockchain speed without messing with the everyday card swipe experience.

Over on Solana, the high-speed network that’s become a favorite for stablecoins, the community lit up too. Visa’s crypto head noted that two US banks are already settling transactions in USDC on Solana, building serious momentum for real-world Visa payments.

This move builds on Visa’s pilots that have already hit over $3.5 billion in annualized stablecoin volume. 

It means faster funds movement, seven-day availability, and better resilience, even on weekends. Early adopters like Cross River Bank and Lead Bank are leading the charge on Solana.

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