Visa integrates VisaNet data with on-chain lending for stablecoin card working capital

Visa has announced plans to leverage its VisaNet data to enable blockchain lenders to provide credit to stablecoin card issuers. This initiative follows a significant growth in Visa's stablecoin settlement volume, which has reached an annualized run rate exceeding $20 billion, marking a 15-fold increase year-over-year.