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Visa’s US rollout links card payments with USDC settlement

Crypto.news reports a Visa payment flow in which a shopper pays by card, a merchant receives dollars and a financial institution settles through USDC on Solana.

Crypto.news reports a Visa payment flow in which a shopper pays by card, a merchant receives dollars and a financial institution settles through USDC on Solana. USDC (USDC) is trading at $0.9996. This is an original TLT brief based on reporting by Crypto.news, with live market data added, as of Tue, 10 Nov 2026 16:00:04 UTC.

Why it matters

The deployment connects familiar card payments with stablecoin-based onchain settlement, potentially giving merchants and financial institutions a practical route for using USDC without requiring customers to hold the asset themselves.

Key takeaways
  • Visa’s US rollout used USDC settlement on Solana
  • Shoppers paid by Visa card while merchants received dollars
  • USDC remained near $1 with minimal 24-hour movement
  • Solana fell 2.05% over 24 hours amid broader market weakness

Crypto.news reports that Visa’s US rollout moved a financial institution’s payment onto Solana. In the described flow, a shopper used a Visa card, the merchant received dollars, and the bank used USDC to settle with the network, linking conventional card payment activity to a blockchain-based settlement process.

The coverage provides a limited view of the arrangement: it identifies Visa, a financial institution, Solana and USDC, but does not name the institutions involved or disclose broader rollout plans. The reported transaction nevertheless illustrates how card-based spending can be paired with stablecoin settlement while preserving a familiar payment format for shoppers and merchants.

Only Crypto.news supplied coverage of the development, so there is no multi-outlet corroboration for the transaction details. Verified onchain data from DeFiLlama puts USDC’s circulating supply at $70.34 billion, providing context for the asset’s scale within the crypto market.

At the time of the report, USDC traded at $0.999534, up 0.02% over 24 hours and 0.03% over seven days. Solana stood at $85.41, down 2.05% over 24 hours and 6.69% over seven days, with a $50.47 billion market capitalization. The total crypto market was $2.55 trillion and broadly flat, while Bitcoin slipped 0.40%. The Fear & Greed Index registered 32, indicating a Fear reading; the immediate significance of the rollout is the settlement connection between Visa payments and USDC on Solana.

Market reaction since this brief Live

Since this brief published about 8 hours ago, USDC (USDC) has moved from $0.9995 to $0.9996 — +0.01%.

$1$1$1$1$1 published · $1 now · $1 (+0.01%) Nov 10 07:52 UTC Nov 10 16:00 UTC
BeforeSince publishPublished · $0.9995
CoinAt publishNowSince publish
USDC$0.9995$0.9996+0.01%
SOL$85.41$82.09-3.89%

The chart plots USDC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.

What this means in naira

At today's peer-to-peer rate, 1 USDC ≈ ₦1,383.5 (about $0.9996), up 0.0% over 24 hours. The naira itself trades about 2.6% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.

Live market data

Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.

USDC
#5
$0.9996 ▲ 0.01%
7d +0.02%MCap $69.98BFull USDC data →
#7
$82.09 ▼ 6.46%
-3.89% since this brief published
7d -9.68%MCap $48.53BFull SOL data →
The market when this published · November 10, 2026
Total market cap$2.55T
Bitcoin 24h-0.40%
Ethereum 24h-1.07%
BTC dominance58.7%
Fear & Greed32 · Fear
On-chain & primary-source check

Figures and sectors in this story, checked live against on-chain aggregators · November 10, 2026.

USDC circulating supply$70.18BDeFiLlama ↗

TLT reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.

Visa’s US rollout links card payments with USDC settlement — questions & answers

Who used USDC in the Visa payment flow?

A financial institution used USDC to settle the payment with the network, according to Crypto.news.

How did the shopper and merchant interact with the payment?

The shopper paid using a Visa card, while the merchant received dollars.

Which blockchain was involved in the US rollout?

Crypto.news reports that the financial institution’s payment was moved onto Solana.

How much is 1 USDC worth in naira today?

About ₦1,383.5 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $0.9996. The naira price moves with both USDC's US-dollar price and the USDT/NGN rate; use our USDC in naira page for any amount.

Which outlets reported this story?

This is an original TLT brief that synthesises reporting from Crypto.news. It is not a copy of any one article — follow the source links above for the original reporting.

In this storyVisa Company
TLT Newsdesk Data-stamped

TLT's newsdesk writes original briefs by synthesising coverage from across the crypto press — 50+ outlets including CoinDesk, The Block, Decrypt and Cointelegraph — cross-checking the figures they report — and verifying them against on-chain data from DeFiLlama and mempool.space — plus live market context (CoinGecko, Binance). We summarise and link to every source; we never reproduce full articles. Read our editorial standards and how we use AI. Not financial advice.

Market data verified against CoinGecko & Binance · November 10, 2026 ⛓ Timestamped at Bitcoin block #975,280 sha256:ba31854a59abdc66
Based on reporting by Crypto.news — this is an original TLT summary with live market data, not the original article.Crypto.news · Nov 10 07:52 ↗

Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.