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Stablecoins & Payments Unverified

Lloyds and Visa settle $750,000 in USDC in cross-border pilot

The Defiant reports that Lloyds and Visa settled $750,000 in USDC in a cross-border pilot, with a seven-day test sending funds from Jersey to the US in under an hour, including over the weekend, using Canton for Lloyds and a separate blockchain for Visa.

Why “Unverified”

  • Reported by The Defiant alone, with no second source or primary confirmation yet

1 independent source groups across 1 posts · evidence score 52/100. How labels work

What the sources claim

  1. Lloyds and Visa settled $750,000 in USDC in a cross-border pilot.

    “Lloyds and Visa Settle $750,000 in USDC in Cross-Border Pilot”
    The Defiant
  2. The seven-day test sent funds from Jersey to the US in under an hour, including over the weekend.

    “The seven-day test sent funds from Jersey to the US in under an hour, including over the weekend”
    The Defiant
  3. Lloyds used Canton and Visa used a separate blockchain.

    “with Lloyds using Canton and Visa a separate blockchain”
    The Defiant

Sources

Summary and claims extracted by deepseek/deepseek-flash with prompt analyze-story@3 on 2026-09-30 18:00 UTC. Labels are computed from the sources, not by the model.