Cross River has joined Visa’s stablecoin settlement pilot and partners with Highnote to bring USDC settlement into enterprise payment programs
FORT LEE, N.J. & SAN FRANCISCO–(BUSINESS WIRE)–Cross River Bank (“Cross River”) a technology infrastructure provider that offers embedded financial solutions, today announced its participation in Visa’s stablecoin settlement pilot. Cross River will be launching this capability with Highnote, the unified platform for issuing, acquiring, credit and real-time money movement, as part of Visa’s stablecoin settlement pilot program. Visa’s pilot introduces USDC settlement in the United States over the Solana blockchain into a production environment where enterprise payment activity benefits from faster clearing and new possibilities for continuous settlement.
“For stablecoins to realize their full potential they must operate within unified systems. Cross River’s infrastructure is built to bring onchain settlement
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