Summary
- Visa is merging VisaNet settlement data with decentralized lending frameworks to assist fintechs and stablecoin-connected card programs in acquiring working capital.
- This mechanism utilizes approved settlement and blockchain statistics to evaluate creditworthiness and streamline financing, solving challenges that new payment firms encounter with conventional banking institutions.
- A preliminary iteration built alongside Credit Coop has backed over $2.5 billion in settlement activity since 2023, recording zero defaults across all involved facilities.
Visa (V) is integrating its VisaNet settlement information with onchain lending architecture to assist fintechs and stablecoin-backed card initiatives in securing working capital, according to the corporation’s statement on Tuesday.
This initiative might grant creditors transparent insight into the settlement receivables of a payment card scheme, which represents the funds owed following the clearing of transactions. With the approval of the customer, this information can be merged with blockchain activity logs to evaluate credit behavior and automate sections of settlement funding.
Visa’s declaration arrives a fortnight after CoinDesk secured exclusive insight into records indicating that Visa is searching for a fresh stablecoin settlement collaborator holding licensing authorizations in multiple territories while the competition surrounding fiat-backed digital tokens accelerates. Stablecoins—digital tokens tied to the worth of conventional financial instruments, typically fiat monies—have turned into a primary focus for major card networks and payment enterprises, including Visa, Mastercard, and Stripe.
Visa noted that upwards of 160 stablecoin-connected card projects currently function across its network, with transaction turnover climbing nearly 200% compared to the previous year. Furthermore, Visa mentioned that up-and-coming payment businesses find it difficult to secure operating capital from legacy lenders, which frequently demand scale, business longevity, or manual underwriting prior to granting credit.
Visa has been testing an initial iteration of this framework alongside Credit Coop, a decentralized credit network that relies on smart contracts to automate capital allocation, collateral oversight, and debt settlement.
This framework has backed in excess of $2.5 billion in total financed settlement activity starting from 2023, achieving absolute zero defaults throughout participating facilities, alongside processing more than 3,000 borrowing instances and 9,000 repayment instances automatically on the blockchain.
Originally published at https://www.coindesk.com/business/2026/09/08/visa-opens-settlement-data-to-help-blockchain-lenders-finance-crypto-cards-as-volume-surges.
