Visa Inc. (NYSE: V) announced on Tuesday the introduction of a new Onchain credit model. The initiative is designed to assist stablecoin-linked card programs and fintech companies in accessing working capital through onchain lending infrastructure.
The company aims to combine its VisaNet settlement data with onchain credit infrastructure. This integration is intended to provide lenders with greater insight into how card programs operate, helping them assess financing opportunities and provide capital aligned with business needs.
According to Visa's Onchain Analytics Dashboard, more than $694 billion in stablecoin-denominated loans have been processed through onchain lending protocols since 2020. Visa describes this as a global credit market operating 24/7.
Rubail Birwadker, global head of Growth Products and Partnerships at Visa, stated that combining trusted payment data with onchain technology can unlock new liquidity options. He noted this approach helps businesses access capital that is more transparent, programmable, and suited to the pace of modern commerce.
This initiative builds upon Visa’s broader stablecoin strategy, which includes the recent launch of the Visa Stablecoin Platform. That platform supports stablecoin settlement, expands stablecoin-linked card programs, and enables financial institutions to access new digital asset capabilities.
