Visa Uses On‑Chain Lending to Fund Stablecoin Card Programs

Visa moves into on‑chain lending for stablecoin cards

Visa announced it will use on‑chain lending to finance stablecoin‑backed card programs. The move aims to support the growth of crypto‑linked payment cards.

Key points

• Visa will tap on‑chain lending sources.
• The financing is for stablecoin card programs.
• Stablecoins are digital tokens pegged to a stable asset such as the US dollar.

What the Decrypt article reports

The Decrypt article titled “Visa Taps Onchain Lending to Finance Stablecoin Card Programs” provides this information.

Sources

• Decrypt