Visa expands stablecoin card network to 160 programs
Visa said more than 160 stablecoin-linked card programs are live as Credit Coop financing helps issuers fund daily settlement obligations.
9 Articles
9 Articles
Financial Post
Visa Brings Onchain Lending into Everyday Payments
By combining VisaNet settlement data with blockchain lending, Visa is helping its partners unlock new financing opportunities for stablecoin-linked card programs. SAN FRANCISCO — Today, Visa (NYSE: V) announced a new approach to onchain credit designed to help stablecoin-linked card programs and fintechs access working capital using onchain lending infrastructure and Visa data. Onchain lending […]
Visa tells CNBC it is expanding data offering for blockchain lenders as demand for stablecoin-linked cards surges
Visa is doubling down on blockchain-powered financial services with a new program to help issuers of stablecoin-linked cards access loans.
crypto.news
Cryptocurrency News | Cryptocurrency Prices | Market CapVisa expands stablecoin card network to 160 programs
Visa reports 160 stablecoin-linked card programs, nearly 200% payment growth and a $20 billion annualized settlement rate.
Visa reported that its settlement with stablecoins already exceeds an annualized rate of USD 20 billion, while card programs linked to these assets expand and create a new need for working capital.
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