Visa and Lloyds Banking Group have completed a real-time pilot focused on stablecoin-based settlement, according to Techub, citing Finextra’s crypto channel. The test examined how stablecoin settlement could support cross-border transactions with faster processing, greater transparency, and more flexibility. It was designed to assess whether stablecoins can improve efficiency in traditional financial transactions. The companies were not reported to have disclosed additional details about the pilot’s scale, transaction volume, or technical setup in the source summary.
Visa and Lloyds Banking Group have completed a real-time pilot to explore how stablecoin-based settlement could support faster, more transparent, and more flexible cross-border transactions, according to Techub, which cited Finextra’s crypto channel.
The pilot was intended to test the potential for stablecoins to improve the efficiency of traditional financial transactions.
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