Visa is ramping up its on-chain lending game as stablecoin-linked card programs explode in popularity. The payments giant will soon provide its settlement data to blockchain lenders, giving them a clearer picture of the financial health of crypto fintechs and card issuers—and enabling funding to flow via smart contracts.

What’s Changing

Here’s how it works: Visa will pass its settlement metrics to credit protocols and on-chain platforms. With this data, lenders can set financing terms and automate payouts using smart contracts, streamlining the whole process.

Pilot Program and Scale

Visa is already piloting this model with Credit Coop. As of now, the company supports over 160 stablecoin card programs—that’s nearly 200% more than a year ago.

Why the Market Cares

Giving blockchain lenders access to settlement data could make it way easier to score card issuer programs and speed up access to working capital in the on-chain world. For stablecoin-linked cards, this means more predictable liquidity and scaling—without all the manual headaches.