Visa links settlement data to blockchain lending for stablecoin cards
Visa links settlement data to blockchain lending
Visa announced on September 8, 2026 that it will combine data from its VisaNet settlement network with blockchain‑based lending platforms. The move gives stablecoin‑linked card programs a new way to obtain working capital.
Key numbers
- More than 160 stablecoin‑linked card programs are active on Visa’s network.
- Stablecoin payment volume on Visa rose almost 200% year‑over‑year.
- Annualized stablecoin settlement volume now exceeds $20 billion, over 15 times the level a year earlier.
- Credit Coop, a blockchain credit protocol, has financed over $2.5 billion in settlement volume since 2023, covering more than 3,000 borrowing events and 9,000 repayments.
Visa’s announcement
The company said settlement records from VisaNet will be used together with on‑chain transaction data. Lenders can assess borrowers and fund payment obligations using this combined information.
Additional context
During its fiscal third‑quarter earnings call in July, Visa said it is investing in every layer of the stablecoin ecosystem, from blockchains and wallets to applications. Visa also joined the OpenStandard consortium, which plans to issue the OpenUSD stablecoin.
Visa’s analytics dashboard shows that adjusted stablecoin transaction volume reached a record $1.79 trillion in June, with roughly $1.2 trillion processed in the most recent 30‑day period.
Confirmed details
- Visa will integrate VisaNet settlement data with blockchain lending infrastructure.
- Credit Coop is cited as an early example of the model.
- Stablecoin‑linked card programs on Visa have grown to over 160, with payment volume up nearly 200% YoY.
- Annualized stablecoin settlement volume on Visa exceeds $20 billion.
Open questions
- The exact criteria lenders will use to evaluate borrowers based on Visa data have not been disclosed.
- Details on how the integrated system will be rolled out to merchants and card issuers are not yet public.
Implications
By linking traditional settlement records with on‑chain credit, Visa could broaden the use of blockchain lending beyond crypto markets and give stablecoin card programs easier access to capital.
Future outlook
Visa indicated that the initiative is an early step and that more lenders may join the model as the integration matures, but no specific timeline was provided.
