Visa Integrates Onchain Lending with Payment Data for Stablecoin Card Programs
Visa is leveraging blockchain lending tools alongside its payment network data to enable stablecoin-linked card programs and fintechs to access working capital. By combining VisaNet settlement records with on-chain transaction history, lenders can assess business performance and determine financing terms more efficiently. The company cited over $694 billion in stablecoin loans processed by onchain protocols since 2020. Visa noted that payment volume across its network for more than 160 stablecoin-linked card programs has grown nearly 200% year-over-year, with annualized settlement volumes exceeding $20 billion. The company also highlighted a collaboration model involving Credit Coop, which uses smart contracts to automate funding and repayment processes using Visa data and blockchain records. Visa’s initiative aims to bring greater transparency and efficiency to financing by aligning it with the speed of modern commerce. It has previously expanded its stablecoin settlement program across nine blockchains, including Base and Polygon.
Topics: blockchain lending payment infrastructure stablecoins Visa