Visa-Backed Illuminance Global Pioneers Onchain Credit Infrastructure

Illuminance Global is advancing its vision for a digital financial system by introducing onchain credit infrastructure, building on the success of stablecoins. The company's latest innovation combines VisaNet settlement data with blockchain-based lending infrastructure to support working capital in a digital environment.

In this new phase, stablecoins are moving beyond payments and settlement to provide liquidity and financing. According to Visa, over $694 billion in stablecoin-denominated loans have moved through onchain lending protocols since 2020, while Visa's stablecoin settlement volume has surpassed a $20 billion annualized run rate.

Illuminance Global is already participating in the Visa Stablecoin Platform (VSP) and has introduced its own credit layer with a dedicated USD 1.5 million funding pool. The company's Credit Leverage Strategy allows eligible participants to receive up to 50% additional operating capacity within the strategy, adding another financial layer to the digital ecosystem.