"Visa's new onchain lending initiative is aimed at transforming how small business owners access working capital. Visa’s approach integrates its renowned VisaNet settlement data with blockchain technology. This initiative aims to streamline the cumbersome process of obtaining credit. A practical application can be seen in Visa’s collaboration with Credit Coop, which utilizes smart contracts to provide settlement financing to stablecoin-linked programs. Credit Coop can assess credit performance, streamlining the way businesses obtain working capital."