Visa Expands Blockchain Lender Data Program as Stablecoin Card Demand Surges
Updated — view changes (3)
· body · New information from a source
Visa is expanding a data-sharing program aimed at blockchain-based lenders, according to CNBC, as demand for stablecoin-linked cards grows.The company told CNBC it is doubling down on blockchain-powered financial services with a new initiative designed to help card issuers secure loans.According to CoinDesk, the program works by combining VisaNet settlement data with onchain lending infrastructure, giving lenders visibility into transaction activity they can use to underwrite working-capital financing for issuers of stablecoin-linked cards.CoinDesk reports the move comes as volume on these cards has been surging.The offering positions Visa as a data intermediary between traditional payment rails and crypto-native lenders, letting issuers of stablecoin cards tap credit lines backed by verified settlement activity rather than relying solely on collateral held onchain.Neither CNBC nor CoinDesk specified which lenders or issuers are currently participating, or financial terms of the arrangement.- Visa is expanding a program that gives blockchain-based lenders access to its transaction data, aiming to help issuers of stablecoin-linked cards secure working capital, according to CNBC.
- CoinDesk reports the program combines VisaNet settlement data with onchain lending infrastructure, allowing lenders to underwrite loans to card issuers based on real transaction volume rather than traditional credit metrics.
- The initiative comes as demand for stablecoin-linked cards has surged, per CNBC.
- Visa told CNBC the move reflects its broader push into blockchain-powered financial services, positioning the company as an infrastructure layer connecting traditional payment rails with crypto lending markets.
- Neither outlet specified the size of the lending market or named participating lenders.
· summary · New information from a source
Visa is giving blockchain lenders access to VisaNet settlement data so they can extend working-capital loans to issuers of stablecoin-linked cards amid surging demand.- Visa is giving blockchain lenders access to its settlement data so they can extend working-capital loans to issuers of stablecoin-linked cards, according to CNBC and CoinDesk.
· headline · New information from a source
Visa Expands Data Program to Help Blockchain Lenders Finance Stablecoin-Linked Cards- Visa Expands Blockchain Lender Data Program as Stablecoin Card Demand Surges
Every change made to this story after publication is recorded here automatically. A factual error gets a correction as well, on the corrections page.
Visa is expanding a program that gives blockchain-based lenders access to its transaction data, aiming to help issuers of stablecoin-linked cards secure working capital, according to CNBC.
CoinDesk reports the program combines VisaNet settlement data with onchain lending infrastructure, allowing lenders to underwrite loans to card issuers based on real transaction volume rather than traditional credit metrics. The initiative comes as demand for stablecoin-linked cards has surged, per CNBC.
Visa told CNBC the move reflects its broader push into blockchain-powered financial services, positioning the company as an infrastructure layer connecting traditional payment rails with crypto lending markets. Neither outlet specified the size of the lending market or named participating lenders.
This article is for information only and is not financial advice.
What the market did
Each figure is this site’s own reading, with what it was measured against. A blank is a reading nobody took, not a zero. The before-the-headline window prints the rate a RANDOM hour clears the same bar, because a hit rate without its null is not a finding.
Story so far 5 updates
- flashVisa expands data access for blockchain lenders amid surge in stablecoin card demandfirst reported · 2 sourcescnbc.com · coindesk.com
- storyVisa Expands Data Program to Help Blockchain Lenders Finance Stablecoin-Linked Cardsupdate · 2 sourcescnbc.com · coindesk.com
- storyVisa Expands Blockchain Lender Data Program as Stablecoin Card Demand Surgesupdate · 2 sourcescnbc.com · coindesk.com
- storyVisa Expands Data Access for Blockchain Lenders Financing Stablecoin-Linked Cardsupdate · 2 sourcescnbc.com · coindesk.com
- storyVisa Expands Blockchain Lender Data Program as Stablecoin Card Demand Surgesupdate · 2 sourcescnbc.com · coindesk.com
Cite this
Archived copy · an independent capture of this page at the Internet Archive, kept so this report can be checked against what it said on the day
← more bytes