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Visa Enhances Blockchain Data Access to Support Growing Stablecoin Card Market
Technology Services · Data Processing Services · cnbc · 2026-09-08
V, MA, PYPL
Visa is expanding its data offerings for blockchain-based lenders to meet surging demand for stablecoin-linked payment cards among fintech firms.
What Happened
Strategic Data Expansion: Visa is integrating its settlement data with onchain lending infrastructure to provide lenders with deeper insights into the financial health of digital asset-focused fintechs. This initiative is designed to accelerate borrowing processes for companies operating within the rapidly expanding stablecoin ecosystem.
Market Growth Dynamics: The payments giant currently supports over 160 stablecoin-linked card programs, representing a nearly 200% year-over-year increase. This hypergrowth is driven by a steady influx of new issuers, including stablecoin-focused neobanks and various fintech platforms seeking to launch consumer-facing cards.
Financing and Partnerships: To address capital needs, Visa is establishing partnerships that facilitate access to financing through smart contracts and onchain credit facilities. A pilot program with Credit Coop has already demonstrated the viability of these onchain credit solutions, with billions in volume processed without defaults.
Regulatory and Competitive Landscape: The passage of the GENIUS Act has served as a pivotal turning point for U.S. stablecoin regulation, encouraging major financial institutions to engage with digital assets. Visa continues to compete with traditional rivals like Mastercard and other platforms like PayPal and Circle as it builds out its digital asset capabilities.