Visa built the world's largest payment network that pushes nearly $16 trillion in payments through its virtual pipes. Now it wants to do the same for lending in the world of decentralized finance (DeFi). The report, titled Stablecoins Beyond Payments: The Onchain Lending Opportunity, reframes decentralized finance as “onchain finance” – a deliberate rebrand aimed at making decentralized credit sound compatible with institutions in the era of the GENIUS Act – and outlines how banks and private credit funds ...