The Block (@TheBlockCo): THE BLOCK: Visa unveiled a new onchain lending model that lets stablecoin-linked card programs and fintechs access working capital using real-time pay…
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THE BLOCK: Visa unveiled a new onchain lending model that lets stablecoin-linked card programs and fintechs access working capital using real-time payment data and blockchain-based lending infrastructure. The model, developed with Credit Coop, has supported more than $2.5 billion in financed settlement volume since 2023 with zero defaults, Visa said.