Visa combines VisaNet data with onchain lending to power stablecoin card working capital
Visa's stablecoin settlement volume surpassed a $20 billion annualized run rate, up 15x year over year. Now it wants blockchain lenders to use that data to extend credit to the issuers driving the growth.
Watchlist
Published in the last two hours. A tracked entity is involved.
Why this matters
Visa is showing up inside the Stablecoins theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.
Original source
Read on CoinDeskRelated market context
Visa unveils onchain lending model with Credit Coop, supports $2.5B in settlements with zero defaults
Visa's onchain lending model with Credit Coop could revolutionize financial infrastructure by enhancing efficiency and reducing bo...
Visa’s stablecoin settlement volume hits $20B annualized rate, up 15x in a year
Visa's rapid stablecoin settlement growth highlights the increasing integration of digital currencies in mainstream financial syst...
A Coinbase-backed crypto bridge is shutting down after its business model stopped working
Router Protocol will shut down all remaining operations by Sept. 30 after failing to build a sustainable bridge business. The cros...
CZ’s Kyrgyzstan visit highlights why state backing cannot guarantee a stablecoin exit
Changpeng Zhao’s September 5 visit to Kyrgyzstan’s crypto council came as President Sadyr Japarov set a three-month deadline for n...
A seven-year-old blockchain is permanently abandoning its own network to seek refuge on Ethereum
Harmony is proposing to shut down the blockchain it controversially restored through a rollback less than three weeks ago. The Sep...
Satoshi-Era Bitcoin Wallet Moves 600 BTC After 16 Years
A Satoshi-era Bitcoin wallet has moved 600 BTC after more than 16 years of dormancy, drawing fresh attention to one of the market’...