Lloyds Bank settles $750,000 in stablecoins on Canton, reaching Visa in under an hour over a weekend

The pilot ran for seven days, with Lloyds using its own node on Canton to move the funds. The article states cross-border settlement can take a day or more when initiated outside banking hours. Canton is reported to have generated over $1.85M in fees in the past 24 hours, over $11.55M in the past week, and over $48.70M in the last month.

✨ AI summary of the linked source — not editorial content.

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• Canton Network
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