MarketPR
Stablecoin payment volume on Visa's (V) network has climbed nearly 200% year over year, and the company is now threading blockchain lending into that growth by combining VisaNet settlement data with onchain credit.
The credit product is new to Visa's stablecoin card business, which Visa characterizes as growing, and it adds a lending dimension to a program that has run as a payment and settlement operation.
The underwriting input is the operational detail worth watching. Visa is routing onchain credit decisions through VisaNet settlement data, the same infrastructure it uses for conventional settlement activity.
For anyone tracking how on-chain flow bleeds into legacy rails, that is the functional join: VisaNet settlement history becomes the credit signal, and the stablecoin card network becomes the delivery channel.
Keep reading