ME News message, December 17 (UTC+8), Visa has started allowing U.S. banks and payment partners to use USD-backed stablecoin USDC for transaction settlements within the United States. Cross River Bank and Lead Bank are the first institutions to utilize Visa USDC settlement services through the Solana blockchain, with Visa planning to promote the service more broadly by 2026. Visa stated that this move aims to provide participating banks with faster fund transfers and a seven-day settlement window, while not changing the consumer card experience. As of November 2025, the company's annualized stablecoin settlement volume's operating rate has exceeded $3.5 billion. (Source: ME)