Crypto· Stablecoins

Visa combines VisaNet data with onchain lending to power stablecoin card working capital

Visa is linking its VisaNet transaction data with onchain lending infrastructure to provide working capital for stablecoin-backed card programs. The move follows a surge in Visa's stablecoin settlement activity, which has exceeded a $20 billion annualized run rate and grown 15-fold year over year.

By AI NewsroomPublished 30 minutes agoUpdated 30 minutes ago0 views

Visa combines VisaNet data with onchain lending to power stablecoin card working capital

Why It Matters

The combination of VisaNet data and onchain lending could make it easier for blockchain lenders to underwrite loans to stablecoin issuers, addressing liquidity needs tied to fast-growing settlement volumes. That matters because Visa's stablecoin settlement activity has expanded rapidly, signaling greater commercial activity in crypto-linked payment rails.

Key Facts

Company: Visa
Product focus: Stablecoin card working capital
Technology combined: VisaNet data with onchain lending
Stablecoin settlement volume: Surpassed a $20 billion annualized run rate
Year-over-year growth: 15x

Visa is proposing a link between its VisaNet payments data and onchain lending systems to support working capital for stablecoin card programs. The company is encouraging blockchain lenders to use VisaNet-derived information when evaluating credit for the issuers that facilitate stablecoin card activity.

The push comes as Visa reports rapid expansion in stablecoin settlement through its network: activity has reached an annualized run rate above $20 billion and risen about 15 times compared with the prior year. Those figures reflect the growing scale of stablecoin transactions routed or settled via Visa's rails.

By combining off‑chain payments data with onchain lending mechanisms, Visa aims to create a more direct pathway for capital to flow to the firms issuing and managing stablecoin-backed cards. Visa's stated goal is for blockchain lenders to leverage that data when extending credit to the issuers powering the observed growth in settlement volumes.

Details about how the integration will be implemented, which lenders or issuers will participate, and any timeline for rollout were not provided in the source material.