POPA ReconVisa Taps Onchain Lending to Finance Stablecoin Card Programs
Visa Taps Onchain Lending to Finance Stablecoin Card Programs Visa is combining its VisaNet settlement data with onchain lending infrastructure to help stablecoin-linked card programs access working capital, as stablecoin settlement volume surpasses a $20B annualized run rate, up more than 15x YoY. More than 160 stablecoin-linked card programs are now live on Visa’s network, with payment volume growing nearly 200% YoY. The company says early-stage programs often struggle to secure traditional working capital needed to fund daily settlement obligations. Visa is working with decentralized len…
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