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Visa says Credit Coop stablecoin loans financed $2.5 billion in card settlements

  • Visa said Credit Coop used stablecoin loans to finance card settlements.
  • $2.5 billion in cumulative settlement volume was financed since 2023.
  • Credit Coop’s current loan exposure remains undisclosed, while the lines are reusable.

Visa said Credit Coop’s stablecoin loans have financed $2.5 billion in card settlements since 2023. The lending covers the period before cardholder payments arrive and represents cumulative volume through reusable credit lines. Credit Coop’s current loan exposure remains undisclosed.

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