Visa Expands Data Offering for Blockchain Lenders as Stablecoin Card Demand Surges
Product·2 articles across 2 outlets·↩ Updated
Story updated Rewritten when the story materially grows; the wire is checked every 15 minutesAbout this data
Visa is doubling down on blockchain-powered financial services with a new program to help issuers of stablecoin-linked cards access loans.
Visa's stablecoin settlement volume surpassed a $20 billion annualized run rate, up 15x year over year. Now it wants blockchain lenders to use that data to extend credit to the issuers driving the growth.
Visa
Sources
Every quote below is verbatim from the article it is attributed to.
SourceReports the news
“Visa is doubling down on blockchain-powered financial services with a new program to help issuers of stablecoin-linked cards access loans.”
CNBC — Visa tells CNBC it is expanding data offering for blockchain lenders as demand for stablecoin-linked cards surges“Visa's stablecoin settlement volume surpassed a $20 billion annualized run rate, up 15x year over year.”
coindesk — Visa combines VisaNet data with onchain lending to power stablecoin card working capital
SupportCorroborates it
“Visa is linking its payment data to blockchain lenders as stablecoin card demand surges”
quartz — Visa is linking its payment data to blockchain lenders as stablecoin card demand surges
Earlier versions
- Sep 8, 11:30 AM — Visa Expands Data Offering For Blockchain Lenders As Demand For Stablecoin Cards Surges (1/1)