Crypto

Lloyds and Visa Speed Up Cross-Border Payments with USDC Blockchain Pilot

Guavy AI Editorial Team Published September 30, 2026

Instruments

USDC

Lloyds and Visa have successfully completed a seven-day pilot project to send USDC funds across borders using blockchain technology.

The test, which took place from Jersey to the US, demonstrated that it's possible to transfer funds in under an hour, including over the weekend.

Lloyds used the Canton platform for this transaction, while Visa utilized a separate blockchain. This partnership aims to improve cross-border payment times and reduce costs.

The Wire

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