Visa to Enable USDC Stablecoin Settlements on Solana for U.S. Institutions

Visa to Enable USDC Stablecoin Settlements on Solana for U.S. Institutions

Visa’s U.S. bank and payment partners can now settle transactions in USDC on Solana, with nationwide expansion planned by 2026 amid rising stablecoin transaction volumes.

SOL
USDC

Fact Check
The assessment is based on the overwhelming strength of the primary source. The official press release from Visa's investor relations website directly and unequivocally confirms every component of the statement: Visa is the actor, the action is enabling settlements, the asset is the USDC stablecoin, the platform is the Solana blockchain, and the recipients are U.S. institutions (with Cross River Bank cited as an initial partner). This source carries the highest possible authority and relevance.Secondary sources, such as a crypto industry publication and a social media post, corroborate this announcement, reinforcing its validity. Although these sources have lower authority, their alignment with the primary source strengthens the conclusion. There is no conflicting evidence provided; the remaining sources were deemed irrelevant as they did not contain information about this specific Visa program. The existence of a direct, official confirmation from the company in question makes the statement highly credible.
    Reference1
Summary

Visa has officially enabled U.S. banks and payment partners to settle transactions using USDC on the Solana blockchain. Cross River Bank and Lead Bank are the first adopters of the service, which is scheduled for broader rollout nationwide by 2026. According to Visa, its annualized stablecoin settlement run rate surpassed $3.5 billion as of November 2025, underscoring growing institutional adoption of blockchain-based payment solutions.

Terms & Concepts
  • Stablecoin: A cryptocurrency pegged to a stable asset, such as the US dollar, to minimize price volatility.
  • USDC (USD Coin): A U.S. dollar-pegged stablecoin issued by Circle, designed for fast and secure digital transactions.
  • Solana: A high-performance blockchain network known for fast transaction speeds and low costs.