Visa’s USDC settlement pilot has reached a $7 billion annualized run rate, processing about $19 million daily, with reported volume doubling quarter over quarter as the company routes more card settlement activity on-chain. The program lets issuers and acquirers choose USDC instead of traditional cross-border correspondent banking, cutting T+2 delays and weekend bottlenecks. Circle operates as the central liquidity hub, while blockchains such as Avalanche, Base, and Solana provide low-cost infrastructure. Bullish observers believe continued expansion across nine networks could push volumes toward $40 billion by 2027, though the pilot remains tiny relative to Visa’s $14 trillion throughput and faces regulatory, technical, and cross-chain liquidity constraints.
This update represents a notable development in the Crypto sector. Organizations and founders tracking this space should evaluate potential strategic and technical implications on their operations.