Visa Expands Data Offering to Help Blockchain Lenders Finance Stablecoin Cards
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· body · New information from a source
Visa is expanding its data offering for blockchain lenders to help issuers of stablecoin-linked cards access loans, the company told CNBC.The program pairs VisaNet settlement data with onchain lending tools, giving lenders visibility into payment flows they can use to underwrite working-capital financing for card issuers, according to CoinDesk.Decrypt reported that the initiative targets fintechs and stablecoin-linked card programs specifically, aiming to smooth their access to short-term financing as they scale.Cointelegraph reported that stablecoin payment volume on Visa's network has jumped nearly 200% year over year, a rise that has pushed issuers to seek new financing tools to keep pace with growth.By opening settlement data to lenders, Visa is positioning itself as an infrastructure layer connecting traditional payment rails with onchain credit markets, according to CoinDesk.- Visa is launching a program that gives blockchain lenders access to VisaNet settlement data, aiming to help issuers of stablecoin-linked cards secure loans and working capital, according to CNBC.
- CoinDesk reports the initiative combines VisaNet data with onchain lending mechanisms specifically to finance the working capital needs of stablecoin card programs.
- Decrypt similarly describes the effort as pairing payment settlement data with blockchain lending tools to help fintechs and stablecoin-linked card issuers cover funding gaps.
- The push comes as stablecoin payment volume on Visa's network has jumped nearly 200% year over year, according to Cointelegraph.
- Visa has been expanding its blockchain-related financial services, and this latest step extends that strategy by tying its traditional settlement infrastructure to crypto-native lending.
- By sharing settlement data with lenders, Visa aims to give issuers of stablecoin cards a clearer picture of transaction activity that can be used to underwrite credit, according to the reporting from CNBC and CoinDesk.
· summary · New information from a source
Visa is combining its VisaNet settlement data with onchain lending tools to help stablecoin-linked card issuers secure working capital, as stablecoin payment volume on its network surges.- Visa is opening up its VisaNet settlement data to blockchain lenders so issuers of stablecoin-linked cards can access working capital as transaction volume surges.
· headline · New information from a source
Visa Expands Data Offering to Help Blockchain Lenders Finance Stablecoin Card Programs- Visa Expands Data Offering to Help Blockchain Lenders Finance Stablecoin Cards
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 launching a program that gives blockchain lenders access to VisaNet settlement data, aiming to help issuers of stablecoin-linked cards secure loans and working capital, according to CNBC.
CoinDesk reports the initiative combines VisaNet data with onchain lending mechanisms specifically to finance the working capital needs of stablecoin card programs. Decrypt similarly describes the effort as pairing payment settlement data with blockchain lending tools to help fintechs and stablecoin-linked card issuers cover funding gaps.
The push comes as stablecoin payment volume on Visa’s network has jumped nearly Visa is combining VisaNet settlement data with blockchain lending as stablecoin payment volume on its network jumps nearly 200% year over year.
year over year, according to Cointelegraph. Visa has been expanding its blockchain-related financial services, and this latest step extends that strategy by tying its traditional settlement infrastructure to crypto-native lending.
By sharing settlement data with lenders, Visa aims to give issuers of stablecoin cards a clearer picture of transaction activity that can be used to underwrite credit, according to the reporting from CNBC and CoinDesk.
Sources: CNBC, CoinDesk, Cointelegraph, Decrypt
This article is for information only and is not financial advice.
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Story so far 18 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
- storyVisa Expands Data-Sharing Program to Help Blockchain Lenders Finance Stablecoin Card Issuersupdate · 2 sourcescnbc.com · coindesk.com
- storyVisa Expands Data Sharing With Blockchain Lenders to Fund Stablecoin-Linked Card Issuersupdate · 2 sourcescnbc.com · coindesk.com
- storyVisa Expands Blockchain Lending Data Program as Stablecoin Card Demand Surgesupdate · 2 sourcescnbc.com · coindesk.com
- storyVisa Opens VisaNet Settlement Data to Blockchain Lenders Financing Stablecoin Card Issuersupdate · 3 sourcescnbc.com · coindesk.com · cointelegraph.com
- storyVisa Launches Program Combining VisaNet Data With Onchain Lending for Stablecoin Card Issuersupdate · 3 sourcescnbc.com · coindesk.com · cointelegraph.com
- storyVisa Expands Data Access for Blockchain Lenders as Stablecoin Card Volume Surgesupdate · 3 sourcescnbc.com · coindesk.com · cointelegraph.com
- storyVisa Expands Data Access for Blockchain Lenders as Stablecoin Card Volume Jumps Nearly 200%update · 3 sourcescnbc.com · coindesk.com · cointelegraph.com
- storyVisa Expands Data Program to Help Stablecoin Card Issuers Access Blockchain Loansupdate · 3 sourcescnbc.com · coindesk.com · cointelegraph.com
- storyVisa Expands Blockchain Lending Data to Support Growth in Stablecoin-Linked Cardsupdate · 3 sourcescnbc.com · coindesk.com · cointelegraph.com
- storyVisa Expands Data Offering to Help Blockchain Lenders Finance Stablecoin Cardsupdate · 4 sourcescnbc.com · coindesk.com · cointelegraph.com · decrypt.co
- storyVisa Expands Data Offering to Help Blockchain Lenders Finance Stablecoin Card Programsupdate · 4 sourcescnbc.com · coindesk.com · cointelegraph.com · decrypt.co
- storyVisa Expands Blockchain Lending Data to Help Stablecoin Card Issuers Access Working Capitalupdate · 4 sourcescnbc.com · coindesk.com · cointelegraph.com · decrypt.co
- storyVisa Combines VisaNet Settlement Data With Onchain Lending to Finance Stablecoin Card Programsupdate · 4 sourcescnbc.com · coindesk.com · cointelegraph.com · decrypt.co
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