Visa Links Settlement Data with Blockchain Lending for Stablecoin Card Programs

Visa is combining its VisaNet settlement data with blockchain lending tools to help stablecoin card programs access working capital, as stablecoin payment volume on its network jumps 200% YoY.

The goal is to give stablecoin-linked card programs and fintechs a new path to working capital outside traditional credit channels. Lenders participating in the model can access a payment business's settlement receivables, the money it is owed after transactions clear, and combine that with on-chain transaction records to assess creditworthiness and set financing terms.

Traditional lenders typically require a borrower to have significant operating history, proven scale, or to go through manual underwriting before credit is extended. Visa's model is designed to replace that process with payment data and on-chain automation, making it faster and more accessible for smaller or newer payment businesses.