Visa Expands Stablecoin Card Programs with Credit Coop Financing
Visa reported that stablecoin-linked card programs are among its fastest-growing business segments. By the second quarter of fiscal year 2026, over 160 such programs were live, with payment volume increasing by nearly 200% year-over-year and annualized settlement volume exceeding $20 billion. To address the financing needs of these programs, Visa partnered with Credit Coop to provide stablecoin-denominated revolving credit lines. This system uses smart contracts to manage settlement receivables and leverages Visa's daily settlement data for underwriting.
Summaries are written by AI from the original article. Not investment advice.