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Visa Leverages Blockchain Data to Boost Stablecoin Working Capital

Visa has announced plans to combine its VisaNet transaction data with onchain lending protocols, aiming to provide essen...

Visa Leverages Blockchain Data to Boost Stablecoin Working Capital
Source: CoinDesk

Visa has announced plans to combine its VisaNet transaction data with onchain lending protocols, aiming to provide essential working capital to stablecoin issuers. This strategic initiative follows a massive surge in Visa's stablecoin settlement volume, which recently surpassed a twenty billion dollar annualized run rate, representing an impressive fifteenfold year-over-year increase that highlights accelerating digital asset adoption worldwide.

SOURCE: CoinDesk
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