The brief

Analyst view

• Launched USDC settlement on Solana for U.S. banks in December 2025, allowing real-time 24/7 settlement.
• Cross River Bank among initial participants in the U.S. deployment.
• Operating global pilot programs in multiple regions with expansion planned for 2026.

Technical approach

As reported

Real-time clearing

7-day-a-week settlement

Operates continuously on blockchain, eliminating traditional 5-business-day windows.

Solana integration

High-throughput blockchain

USDC settlement uses Solana for throughput and low-latency settlement.

USDC medium

Circle's stablecoin

USDC provides a stable digital dollar that banks hold with certainty of value.