Banks can now settle transactions with Visa using Circle Internet Group's USDC.
Circle Internet Group (NYSE:CRCL) shares jumped 8.4% following Visa Inc (NYSE:V, XETRA:3V64)'s announcement that US banks can now settle transactions using the stablecoin USDC, a signal of broader institutional adoption of blockchain-based payment solutions. Visa's expansion brings stablecoin settlement to the US for the first time, initially allowing banking partners Cross River Bank and Lead Bank to settle using USDC on the Solana blockchain.
V launches a global stablecoins advisory practice, positioning itself as a guide for banks and fintechs entering the stablecoin market.
| Financial Services Industry | Financials Sector | Ryan M. McInerney CEO | XETRA Exchange | US92826C8394 ISIN |
| US Country | 28,800 Employees | 12 Nov 2025 Last Dividend | 19 Mar 2015 Last Split | 19 Mar 2008 IPO Date |
Visa Inc. is recognized globally as a leader in payment technology, facilitating digital funds transactions across the United States and beyond. Through its innovative network, VisaNet, the company supports a broad spectrum of payment operations, including the authorization, clearing, and settlement of transactions. Embedded in the financial ecosystem since its inception in 1958, Visa has consistently driven the evolution of digital payments. With its headquarters nestled in San Francisco, California, Visa Inc. has steadfastly expanded its suite of services and global footprint, establishing itself as an indispensable partner to merchants, financial institutions, and governmental bodies worldwide.
Visa Inc. offers an extensive array of products and services designed to facilitate seamless and secure transactions in the global economy. These include:
These services are made available under the widely recognized brand names of Visa, Visa Electron, Interlink, V PAY, and PLUS, ensuring broad market reach and brand trust.