Payments giant Visa Inc. launched USDC settlement today in the United States, allowing U.S. issuer and acquirer partners to settle transactions via Circle’s stablecoin using Visa’s payments rails.

The move begins with two initial banking participants, Cross River Bank and Lead Bank, using USDC on the Solana blockchain, with partner expansion expected in 2026. Visa initially launched the pilot program for Solana-based USDC settlement in September 2023.

Visa stablecoin settlement is expected to also launch on the upcoming Arc Layer 1 blockchain, which is the stablecoin-focused chain developed by Circle, in collaboration with Visa as a design partner.

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