Crypto News Today: Visa Expands Credit as Strategy Skips BTC
Key Insights
- Crypto news today centered on Visa’s onchain credit push, Strategy, and Liquid.
- Liquid received 3,400 BTC back after roughly 4,000 BTC left its federation wallet.
- Strategy skipped Bitcoin purchases while repurchasing $176.3 million of STRC preferred stock.
Crypto news today centered on payments infrastructure, Bitcoin treasury management, and Liquid’s security incident. Visa introduced settlement-data-backed onchain credit on Sept. 8, while Strategy paused Bitcoin purchases.
Liquid separately received 3,400 BTC back after roughly 4,000 BTC left its federation wallet. However, about 598 BTC remained outstanding as remediation continued.
Crypto News Today: Visa Connects Settlement Data With Onchain Credit
Visa said on Sept. 8 that it had linked VisaNet settlement data with onchain lending infrastructure. The company aimed to improve working-capital access for stablecoin-linked card issuers and fintech firms.
Visa said lenders could combine settlement records with blockchain transaction histories when assessing borrowers. Credit Coop already uses that model to finance settlement obligations through stablecoin-denominated revolving credit facilities.
