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Visa combines VisaNet data with onchain lending to power stablecoin card working capital

CoinDesk
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Visa combines VisaNet data with onchain lending to power stablecoin card working capital

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.

Key Takeaways

  1. Visa's stablecoin settlement volume surpassed a $20 billion annualized run rate, up 15x year over year.
  2. Now it wants blockchain lenders to use that data to extend credit to the issuers driving the growth.
  3. Read the full article for additional context and details.
Read Full Article on CoinDesk

Summary generated by IndiCrypto from CoinDesk. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.