Visa Ties Payment Data to Blockchain Lending Infrastructure

Visa is working on a new initiative that links its VisaNet settlement data to blockchain-based lending infrastructure. The goal is to provide stablecoin-linked card programs with access to working capital by allowing participating lenders to use authorized settlement information alongside on-chain records.

The program targets payment companies and fintechs, not individual cardholders. Visa will supply authorized settlement-performance data from its VisaNet system, which can give lenders a clearer view of how a stablecoin-linked card program is performing, including the receivables generated through its payment activity.

Credit Coop is already an early implementer of this model. It combines VisaNet settlement information with on-chain transaction records to build a more complete picture of a program's cash flow than either data source could provide alone. Smart contracts can then automate funding, collateral management, and repayment.

Since 2023, the model has supported over $2.5 billion in cumulative financed settlement volume, with zero defaults across participating facilities. Visa's head of crypto, Cuy Sheffield, described the initiative as a way to connect payment data with programmable on-chain credit for stablecoin-linked card programs.