# Visa Taps Onchain Credit for Stablecoin Card Settlement

*Author: David Christopher*
*Published: Sep 8, 2026*
*Source: https://www.bankless.com/read/news/visa-taps-onchain-credit-for-stablecoin-card-settlement*

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Visa is bringing onchain lending into its card-settlement system, working with Credit Coop to help stablecoin card issuers cover the money they owe Visa each day.

### What’s the scoop?
- **Solving the Funding Gap:** Stablecoin card issuers often have to pay Visa before they’ve collected money from their customers. That means they need to [keep extra cash](https://www.visa.com/en-us/thought-leadership/innovation/onchain-settlement-financing) on hand or borrow money to cover the gap.
- **Credit Goes Onchain:** Credit Coop gives these issuers stablecoin credit lines to cover what they owe Visa. Visa provides the settlement data, while [smart contracts automate](https://www.visa.com/en-us/thought-leadership/innovation/onchain-settlement-financing) funding and repayment as customer payments come in.
- **Already at Scale:** Visa shared that Credit Coop has [financed $2.5B+](https://www.visa.com/en-us/thought-leadership/innovation/onchain-settlement-financing) in volume since 2023, across 3,000+ borrows, 9,000+ repayments, and zero defaults. More lenders joining has also cut borrowing costs for some programs by as much as 30%.
- **Stablecoin Cards Boom:** The financing comes as Visa’s stablecoin business grows quickly, with 160+ stablecoin-linked card programs and settlement volume above [$20B annualized](https://www.visa.com/en-us/thought-leadership/innovation/onchain-settlement-financing), up more than 15x year-over-year.