stable coins
By Evie Vavasseur
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VisaNet Data Meets On-Chain Lending. The core of the plan involves integrating VisaNet's transactional data with on-chain lending…
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What This Means for Stablecoin Issuers. For issuers, the potential upside is real. If blockchain lenders can price credit more accurately…
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Visa's Bigger Blockchain Bet. None of this is happening in a vacuum. Stablecoin adoption across global payment networks has…
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Visa just hit a milestone that's hard to ignore. The company's stablecoin settlement volume has reached an annualized run rate of $20 billion — a 15-fold jump compared to the…
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And Visa isn't stopping there. The company is now actively pushing blockchain lenders to use that settlement data as a foundation for extending credit to stablecoin issuers.
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The core of the plan involves integrating VisaNet's transactional data with on-chain lending mechanisms. For blockchain lenders, that's a potentially massive unlock.
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The idea is that lenders could use Visa's real transaction history to make sharper credit decisions. Better data means better risk pricing.
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Visa's framing here is that combining traditional financial data with blockchain capabilities creates something neither side can build alone. That's probably true.
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For issuers, the potential upside is real. If blockchain lenders can price credit more accurately using Visa settlement data, the cost and availability of funding could shift…
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It's also worth thinking about what this does to the broader stablecoin market. Better credit access for issuers means more liquidity, and more liquidity tends to pull in more…
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Read also: Circles $400 Million Tazapay Deal Targets Stablecoins Last-Mile Banking Gap
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That said, Visa hasn't confirmed any partnerships. No specific lenders have been named publicly.
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None of this is happening in a vacuum. Stablecoin adoption across global payment networks has grown sharply, and traditional financial institutions have spent the last few years…
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The company's strategy seems to be less about building blockchain infrastructure from scratch and more about plugging its existing data advantages into the emerging on-chain…
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But it's also a bet that blockchain lenders will actually want to build around Visa's data rather than find their own on-chain solutions. That's not guaranteed.
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