Visa and Lloyds Are Testing Stablecoins Where Payments Still Stop
Card payments feel instant. The money behind them is not always able to move the same way.A purchase can be approved on a Saturday night while parts of the financial infrastructure responsible for settling obligations between institutions still depend on banking hours, cross-border rails and processes that can take longer outside normal operating windows.Lloyds Banking Group and Visa have now tested whether stablecoins can narrow that gap.During a seven-day pilot, Lloyds used USDC to settle $750