Lloyds, Visa settle $750,000 using USDC in live cross-border pilot — 2026-10-01

Impact Vector: Crypto Infrastructure · Oct 1, 2026 · 3m

## Short Segments Florida's new stablecoin rules are now in effect, mandating a 1:1 reserve for issuers. We'll explore how this impacts trust companies and issuers in the state. Also, the GENIUS Act sets federal standards for payment stablecoin issuers, aiming to regulate the digital-dollar market. Coming up, Lloyds and Visa's groundbreaking pilot using USDC for cross-border settlements. Florida's payment stablecoin rules take effect with a 1:1 reserve mandate. As of October 1, Florida requires trust companies issuing payment stablecoins to obtain approval certificates and maintain reserves…