Visa Unlocks Stablecoin-Linked Working Capital with Onchain Lending Move

Visa is leveraging its settlement data to enhance on-chain lending infrastructure, providing stablecoin-linked card programs and fintechs with better access to working capital.

The move comes as stablecoins have gained popularity, with over $694 billion in stablecoin-denominated loans sent through on-chain lending protocols since 2020. However, much of this activity remains concentrated within crypto markets, excluding businesses that rely on traditional payment experiences.

By combining VisaNet settlement data with on-chain credit infrastructure, lenders can gain a deeper understanding of program operations and extend capital more effectively.

Rubail Birwadker, global head of growth products and partnerships at Visa, emphasizes the transformative potential of stablecoins: 'Stablecoins are not only changing how money moves, they're creating opportunities to rethink the financial infrastructure that supports payments.'