Visa announces a program that uses VisaNet payment settlement data alongside blockchain-based lending to provide working capital for stablecoin-linked card programs and fintechs. The initiative is aimed at helping blockchain lenders evaluate financing opportunities and extend credit to issuers tied to stablecoin card activity.

Multiple outlets report that Visa is seeing strong growth in stablecoin-related settlement volumes, with CoinDesk citing a $20 billion annualized run rate and large year-over-year growth. CNBC, Cointelegraph, Decrypt, and PYMNTS describe the same core approach: Visa combines off-chain settlement information from its network with onchain credit infrastructure. While the outlets differ in emphasis—some focusing on lending mechanics, others on volume growth and demand—each frames the move as an expansion of Visa’s data offering for blockchain lenders supporting stablecoin card businesses.