1 week ago

Visa Stablecoin-Linked Cards Hit Hypergrowth With 160+ Programs Live Worldwide

TLDR: Visa now runs 160+ stablecoin-linked card programs, up nearly 200% year over year.  Cuy Sheffield calls stablecoin-linked cards a “hypergrowth” trend across Visa’s global network.  Visa’s Credit Coop pilot has processed $2.7 billion with zero borrower defaults recorded.  Nearly $700 billion in stablecoin loans have moved through onchain lending protocols since 2020.  Visa stablecoin-linked [...]

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Source: Blockonomi →