Visa Rolls Out USDC Payment  Settlements for U.S Banks on Solana

Visa has launched USDC-based payment settlement services for U.S. financial institutions on the Solana blockchain, with plans to expand the service to more banks in 2026.

This new settlement framework allows banks to settle payments within seven days instead of the usual five business days and integrates traditional banking systems with blockchain technology.

The announcement comes after USDC issuer Circle launched a test version of its own blockchain, supported by major companies such as Visa, Mastercard, BlackRock, and Goldman Sachs. Visa said it is helping design the network because it is fast and scalable enough to support Visa’s global payment operations.

Visa also plans to use Circle’s Arc blockchain to settle USDC payments on its network and will operate on its own node. With strong financial health, the company plans to continue investing in blockchain and digital payments technologies.

On November 12, Visa started a U.S. pilot that enables businesses to send U.S. dollar-backed stablecoins directly from accounts funded with regular money to user wallets. The company is currently adding partners and plans to make the service widely available in 2026.

Visa Expands Stablecoin Services and Advisory Support 

Visa pointed out that the USDC launch is part of its plan to upgrade how payments are settled and has expanded its use of stablecoin for settlement in Central and Eastern Europe, the Middle East, and Africa by partnering with crypto infrastructure company Aquanow.

According to Rubail Birwadker, Visa’s head of growth products and strategic partnerships, the company is expanding stablecoin payments to stay relevant, as banks are not only asking about stablecoins but are preparing to actively use them.

At the same time, Visa is actively helping banks, merchants, and fintechs use stablecoins through its global Stablecoin Advisory Practice, which assists companies in creating, launching, and managing stablecoin products.