Visa Onchain Lending

Visa Combines Settlement Data with Onchain Lending Infrastructure for Fintech Working Capital

Visa has announced a new approach to onchain credit, combining VisaNet settlement data with onchain lending infrastructure to help stablecoin-linked card programs and fintechs access working capital. The move comes as part of Visa's broader stablecoin strategy, which includes enabling stablecoin settlement, expanding stablecoin card programs, and enabling financial institutions to access new digital asset capabilities. The partnership aims to help lenders better understand how a program is operating and make it easier to identify financing opportunities. An example of this model is with Credit Coop, which provides working capital and settlement financing for stablecoin linked card programs using smart contracts to automate funding, collateral management and repayment.