EconomyVisa’s $2.5 billion crypto credit bet puts card settlement financing onchain
Visa is working with onchain credit protocol Credit Coop to use revolving stablecoin facilities to cover the recurring gap between card-program settlement obligations and later customer payments. Smart contracts manage draws and repayments, while Visa’s authorized settlement files support underwriting and facility sizing. Visa says the model has financed more than $2.5 billion in cumulative settlement volume since 2023 with no defaults.
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CryptoSlate★★☆☆☆2026-09-10 20:00Original
Visa’s $2.5 billion crypto credit bet puts card settlement financing onchain
Economy