Visa is integrating its VisaNet settlement data with on-chain lending infrastructure, aiming to help stablecoin payment card programs and fintech companies more efficiently access working capital. Currently, Visa has over 160 stablecoin-linked card programs, with their payment volumes growing by nearly 200% year-over-year. The annualized stablecoin settlement run rate has exceeded $20 billion, more than 15 times higher than a year ago.