Visa plans to build "on-chain financial" infrastructure to connect traditional finance with the DeFi market

ChainCatcher news, Visa released a new report titled "Beyond Stablecoin Payments: On-Chain Lending Opportunities," redefining decentralized finance (DeFi) as "on-chain finance," and plans to establish infrastructure connecting traditional financial institutions with on-chain lending protocols.

The report shows that since 2020, the on-chain credit market has issued over $670 billion in stablecoin loans. Visa will not directly issue tokens or provide loans, but will focus on providing data, compliance, and infrastructure support to help banks and private credit funds access automated lending protocols.