VISA OFFERS STABLECOIN SETTLEMENT FOR US BANKS USING CIRCLE'S USDC

Summary from the TLDR Crypto newsletter

Visa is opening its US network to stablecoin settlement, allowing banks to settle transactions using Circle's USDC on Solana. Cross River Bank and Lead Bank are among the first adopters. The move enables 24/7 settlement, including weekends and holidays, reframing stablecoins as a back-end treasury and settlement upgrade rather than a consumer payments product. With Visa's stablecoin volumes already running at multi-billion-dollar annualized levels, instant settlement is quickly becoming a competitive necessity for banks, not an experiment.