Visa Wants Stablecoin Lenders to Turn Payment Data Into Working Capital

Visa is taking a decidedly unglamorous piece of crypto infrastructure—working capital—and putting it closer to the center of the stablecoin boom.The payments giant is combining its VisaNet settlement data with onchain lending infrastructure to help stablecoin-linked card programs and fintechs access financing, according to an announcement Tuesday. The idea is straightforward: give lenders a clearer picture of the money a payment program is already owed, then use that information to h