Visa and Lloyds pilot stablecoin settlement for cross-border payments

# Visa and Lloyds pilot stablecoin settlement for cross-border payments

> Evidence tier: B1
> Evidence type: Trade-media report; operating claims attributed to companies
> Source: [The Paypers](https://thepaypers.com/crypto-web3-and-cbdc/news/visa-and-lloyds-pilot-stablecoin-settlement-for-cross-border-payments)
> Published: 2026-09-30
> Captured: 2026-10-05T05:18:10.890Z

## Source summary

The Paypers reports that Visa and Lloyds completed a live USDC settlement pilot using Archax. Funds booked through Lloyds Corporate Markets in Jersey moved to Visa in the U.S.; the test also examined Canton-to-public-blockchain interoperability. It is a pilot, not general availability. Amount and timing assertions in the page description are not supported by the readable body and are omitted.

## Why it matters

The event affects payment operations or infrastructure. Planned availability, company-reported results and network transfer totals must not be mistaken for general deployment or independently verified payment outcomes.

## Key numbers

No independently checkable key number was extracted from this report.

## Topics and entities

- Industry lane: Web3 & stablecoin payments
- Entities: Visa / Lloyds / Archax
- Web3 payments
- Cross-border payments

## Evidence and credibility note

Reviewed against the readable linked article; company claims remain attributed.

Date evidence: Automatically verified from JSON-LD datePublished: 2026-09-30T07:10:04+00:00

## First-party corroboration

No directly corresponding A1 company announcement is currently linked.

## Original-source traceback

[Open the original The Paypers report](https://thepaypers.com/crypto-web3-and-cbdc/news/visa-and-lloyds-pilot-stablecoin-settlement-for-cross-border-payments)

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This is a structured Payments Hot Markdown source summary derived from external reporting. Use the original link above to read the publisher's article; copyright remains with the original publisher.