Visa Links Onchain Lending to Stablecoin Card Financing for Fintechs

Visa has announced that it is combining its VisaNet settlement data with blockchain lending infrastructure to help stablecoin-linked card programs and fintechs seek working capital.

The payments company described this approach as a bridge between card-settlement activity and onchain credit, rather than a consumer lending product.

Visa identified Credit Coop as an early example of the model, which uses smart contracts to automate funding, collateral management, and repayment for stablecoin-linked card programs.

With customer authorization, Credit Coop combines Visa settlement information with blockchain transaction records to assess performance and support settlement financing.