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Visa expands blockchain data services for stablecoin lenders

Visa is launching a new program to provide blockchain-based data services to issuers of stablecoin-linked cards. The initiative aims to assist financial institutions in managing loans backed by stablecoins. This move marks a continued expansion of the company's infrastructure to support digital asset integration within traditional payment networks. Monitor adoption rates among stablecoin card issuers and potential regulatory updates regarding blockchain-based lending.

Source: CNBC Markets

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