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60CRYPTO

Visa expands stablecoin settlement services and partners on blockchain-based lending

⚡ Markets: Bullish for stablecoin issuers like Circle (USDC) and the broader adoption of blockchain for payments and settlement. Signals deepening integration of traditional finance with crypto infrastructure.USDCV

Visa announced its stablecoin settlement volume has reached a $20 billion annualized run rate, a 15-fold increase year-over-year. The company is also expanding its data offerings to help issuers of stablecoin-linked cards access blockchain-based lending for working capital.

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