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Lloyds and Visa Settle $750,000 in USDC in Cross-Border Pilot

The Defiant · · DeFi

Lloyds Banking Group settled $750,000 of payment obligations with Visa using USDC in a seven-day live pilot, the companies announced Sept. 30, testing cross-border settlement outside banking hours. The U.S. dollar obligations were booked through Lloyds' Corporate Markets branch in Jersey and......

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