DEPLOYMENT · GLOBAL
Visa launches on-chain lending program for stablecoin card programs using VisaNet settlement data
Visa launched a platform that combines settlement data from VisaNet with on-chain credit infrastructure to help stablecoin card programs and fintechs access working capital. Lenders use payment history to underwrite on-chain loans in real time.
WHY IT MATTERS
Traditional payment rails (Visa/Mastercard) are merging with on-chain liquidity pools. This creates new credit-risk vectors: lenders using immutable settlement data for undercollateralized lending. Risk officers need playbooks for contagion if stablecoin collateral volatility triggers margin calls.
Source: PYMNTS · 2026-09-08