Visa has launched USDC settlement services for United States-based financial institutions as part of its push to modernise payment infrastructure.
The payments giant said the service is now live for selected banks, with Cross River Bank and Lead Bank becoming the first participants.
Both banks have begun settling transactions with Visa using USDC on the Solana blockchain.
Visa said a broader rollout of the USDC settlement service is planned for 2026.
The initiative marks a significant step in Visa’s efforts to integrate blockchain-based settlement into its core operations.
The launch follows Circle’s recent introduction of a public testnet for its layer-1 blockchain Arc.
Visa is listed as a design partner for the Arc network, alongside firms including Mastercard, BlackRock and Goldman Sachs.
Visa said Arc offers the scalability and performance needed to support its global commercial activity.
The company plans to use Arc for USDC settlements within its network and operate a node on the blockchain.
Rubail Birwadker said banks are increasingly seeking faster and more programmable settlement options.
“Financial institutions are looking for faster, programmable settlement options that integrate seamlessly with their existing treasury operations,” Rubail Birwadker said.
Visa said the US rollout forms part of a broader strategy to adapt to growing stablecoin adoption.
Birwadker said stablecoins are becoming a practical tool rather than a theoretical concept for banks.
“Visa is expanding stablecoin settlement because banking partners are not only asking about it, they’re preparing to use it,” Birwadker said.
Visa has also launched a global Stablecoins Advisory Practice to help institutions design and manage stablecoin products.
The advisory unit will support banks, merchants and fintechs exploring stablecoin-based payment models.
In November, Visa expanded stablecoin settlement services across Central and Eastern Europe, the Middle East and Africa.
The expansion was carried out in partnership with crypto infrastructure firm Aquanow.
Visa said approved stablecoins such as USDC can reduce settlement times and operational friction.
The company cited strong demand from banks and payment firms as a key driver of its stablecoin initiatives.
Visa has also piloted consumer-facing stablecoin payouts in the United States.
The company said broader access to these services is expected to be rolled out in 2026.
At the time of reporting, Solana price was $127.61.