Visa is combining data from its VisaNet network with onchain lending to support working capital for stablecoin-issued cards. The move comes after Visa reported that its stablecoin settlement volume surpassed a $20 billion annualized run rate, representing a 15x increase year over year.
Visa intends for blockchain lenders to leverage that VisaNet data when extending credit to the issuers responsible for driving the stablecoin payment growth.
