The bank and the payments network tested a system for moving assets outside of standard business hours. Lloyds and Visa completed a 7 day live pilot that settled $750,000 using the USDC stablecoin, with funds reaching the receiving party in under an hour, including transactions processed over the weekend.

The project demonstrates that stablecoin settlement can move interbank funds faster than conventional systems, which typically experience delays or closure on weekends. By using a digital ledger, the participants maintained liquidity and transaction speeds that bypass legacy banking constraints.