Lloyds Sends Visa $750K in USDC While Banks Are Closed

Written and edited by the WorldPing NewsdeskPublished Updated Original reporting: Bitcoin.com
Lloyds Sends Visa $750K in USDC While Banks Are ClosedWorldPing
Image via Bitcoin.com.

What happened

Lloyds Banking Group used USDC to settle $750,000 in live payment obligations with Visa during a seven-day trial, with funds reaching Visa in under an hour, even over the weekend.

The test was the first stablecoin settlement trial between Visa and a major U.K.

Key facts

  • Lloyds Banking Group used USDC to settle $750,000 in live payment obligations with Visa during a seven-day trial, with funds reaching Visa in under an hour, even over the weekend.
  • The test was the first stablecoin settlement trial between Visa and a major U.K.
  • Reported by Bitcoin.com and published Thu, 01 Oct 2026 15:40:23 UTC.

Why it matters

Digital-asset markets react to catalysts within minutes, and liquidity, ETF flows and regulatory signals are usually what decide whether a move sticks.

What to watch next

  • Whether spot volume and open interest confirm the move
  • Liquidation clusters around the current price
  • ETF flow data and any regulatory follow-up

Coverage timeline

When each newsroom published on this story, oldest first — all times UTC.

  1. Lloyds Sends Visa $750K in USDC While Banks Are Closed

  2. Bitcoin briefly hits $87K as weak US jobs data sends bond yields lower

  3. 71% of UK finance leaders expect tokenization to reshape financial services: Lloyds

  4. When the Banks Don’t Work, Bitcoin Does: Cornell University’s Adoption Index

Sources

The original report was published by Bitcoin.com. WorldPing does not claim that reporting — this page summarises and contextualises it.

Read the full report at Bitcoin.com

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Brief by WorldPing · Original reporting by Bitcoin Magazine