Digital payments company Visa recently launched a USDC settlement in the United States, marking a significant milestone in the company’s stablecoin settlement pilot program.
USDC is the world’s largest regulated stablecoin. It is redeemable 1:1 for U.S. dollars and enables 24/7 liquidity for near-instant, low-cost global payments.
Now, U.S. issuer and acquirer partners can settle with Visa in Circle’s USDC, a fully reserved, dollar-denominated stablecoin. Visa’s stablecoin framework features seven days a week settlement windows, a blockchain‑based infrastructure and automated treasury operations for bank participants.
“Visa is expanding stablecoin settlement because our banking partners are not only asking about it ̶ they’re preparing to use it,” Rubail Birwadker, Visa global head of growth products and strategic partnerships, said. “Financial institutions are looking for faster, programmable settlement options that integrate seamlessly with their existing treasury operations. By bringing USDC settlement to the U.S., Visa is delivering a reliable, bank‑ready capability that improves treasury efficiency while maintaining the security, compliance and resiliency standards our network requires.”
Broader availability is planned through 2026 in the United States.
Visa announced added support for more blockchains and stablecoins in its stablecoin settlement pilot in July to give partners more flexibility in how they settle VisaNet obligations.
Visa’s monthly stablecoin settlement volume passed a $3.5 billion annualized run rate in November.