Visa Aims to Build Lending Infrastructure for Onchain Finance - New DeFi Framework

Global payments giant Visa has announced ambitious plans to develop foundational infrastructure for lending services within what it terms "Onchain Finance," the company's newly branded approach to decentralized finance (DeFi). This strategic initiative positions Visa to create the underlying framework that could facilitate borrowing and lending operations using blockchain technology. The move represents a significant corporate endorsement of decentralized financial systems and signals Visa's commitment to integrating traditional payment networks with emerging blockchain-based financial services. Industry analysts view this development as a major step toward mainstream adoption of decentralized finance protocols.