Visa Stablecoin Settlement Volume Tops $20B as Onchain Lending Expands

Visa is expanding its stablecoin strategy by connecting payment settlement data with blockchain-based lending infrastructure, aiming to make working capital more accessible to fintech companies and stablecoin-linked card programs. The payments giant said Tuesday that its stablecoin settlement volume has exceeded a $20 billion annualized run rate, representing a 15-fold increase from a year earlier. Visa plans to use data from its VisaNet network alongside onchain transaction information to help lenders assess borrowers and finance settlement activity. With customer authorization, lenders…  Read more

Leave a Reply

Your email address will not be published. Required fields are marked *

UP NEXT

Related Tags

Loading RSS Feed

You May Like

Subscribe To Our Newsletter

Metus in ac vivamus dui id purus in risus. Nunc fringilla donec amet pulvinar vivamus suscipit. Augue porttitor eu sed proin tortor bibendum facilisis felis. Nunc egestas tellus nisl tempor aliquet malesuada ali eu sed proin tortor bibendum facilisis felis
Stay Updated by our Monthly / Weekly News Update. Zero Spamming. Terms & Condition Applied