🚨 LLOYDS AND VISA COMPLETE LIQUIDATION PILOT FOR CROSS-BORDER TRANSFERS WITH USDC 🏦⚡
Lloyds and Visa financial institutions manage to transfer $750,000 USD through stablecoins, drastically reducing banking processing times 📊
Key points of the cross-border pilot:
💰 Amount and time: $750,000 in USDC was mobilized from Jersey to the U.S. in less than an hour.
🕒 24/7 operations: The test confirmed the ability to execute effective bank settlements over the weekend.
⛓️ Infrastructure used: Lloyds operated via the Canton network, while Visa used an independent blockchain network.
Do you think the adoption of stablecoins by major banking giants like Lloyds and Visa will gradually replace the traditional SWIFT system?
💬👇 I’d love to hear your thoughts in the comments!
#CryptoNews #BinanceSquare #DeFi #Fintech #CryptoCommunity
$USDC
$BTC
$ETH
Lloyds and Visa financial institutions manage to transfer $750,000 USD through stablecoins, drastically reducing banking processing times 📊
Key points of the cross-border pilot:
💰 Amount and time: $750,000 in USDC was mobilized from Jersey to the U.S. in less than an hour.
🕒 24/7 operations: The test confirmed the ability to execute effective bank settlements over the weekend.
⛓️ Infrastructure used: Lloyds operated via the Canton network, while Visa used an independent blockchain network.
Do you think the adoption of stablecoins by major banking giants like Lloyds and Visa will gradually replace the traditional SWIFT system?
💬👇 I’d love to hear your thoughts in the comments!
#CryptoNews #BinanceSquare #DeFi #Fintech #CryptoCommunity
$USDC
$BTC
$ETH
