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Visa expands data offering to help stablecoin card issuers access loans
The payments company is building a new program aimed at issuers of stablecoin-linked cards that want to use blockchain-based data for lending access.
Visa is expanding its blockchain-focused financial services efforts, according to CNBC. The company is rolling out a new program intended to help issuers of stablecoin-linked cards access loans.
CNBC reports that Visa is positioning the offering to meet rising demand tied to stablecoin-linked card usage. The program is designed around providing data to blockchain lenders.
The update reflects Visa’s broader strategy to deepen ties between payments infrastructure and blockchain-powered financial services, as it looks to support lending workflows for card issuers.