Original sourcenews.nbtc.finance
Summary
Visa is expanding on-chain financing of card clearing through Credit Coop, introducing stablecoin-denominated revolving credit lines to bridge the time gap between clearing obligations and cardholders' actual payments. The system uses smart contracts to manage draws, repayments, and cash flows, wit…
Key points
- Issuers and stablecoin card program operators can understand how on-chain revolving credit fills funding gaps during the clearing cycle.
- Moving card clearing finance on-chain shows stablecoins are not only used for settlement but are also penetrating the credit and liquidity layer that supports card program operations.
- Stablecoin card programs can access faster, potentially cheaper clearing funds; but public information is limited, so participants must assess loss allocation and risk protections themselves.
Editorial note
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