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.
Under the structure, settlement receivables pass through Credit Coop’s Spigot smart contract before reaching a borrower’s operating account. The contract routes repayments from incoming proceeds and uses Visa settlement files to calibrate financing activity.
Visa reported more than 160 stablecoin-linked card programs on its network during fiscal second-quarter 2026. Payment volume across those programs rose nearly 200% year over year, Visa said.
The company also reported a stablecoin settlement run rate above $20 billion annually. That figure was more than 15 times the comparable year-earlier level.
Credit Coop had financed over $2.5 billion in cumulative settlement volume since 2023, Visa said. Its infrastructure processed over 3,000 borrowing events and 9,000 repayments onchain.
The payment company’s latest move extended its broader stablecoin settlement strategy. Visa had reported a $7 billion annualized settlement run rate in April.
Visa said early-stage card programs often face working-capital gaps because settlement occurs daily. Traditional facilities may also require operating histories or larger receivables pools before lenders extend credit.
Crypto News Today: Strategy Skips Bitcoin Purchase for STRC Buyback
Strategy made no Bitcoin purchase between Aug. 31 and Sept. 7, its Securities and Exchange Commission filing showed. The company also made no sales through its at-the-market equity programs during that period.
Instead, Strategy repurchased 1,810,885 STRC preferred shares for $176.3 million. The company funded those transactions using U.S. dollar cash, the filing showed.
Strategy also raised its Digital Credit Securities Repurchase Program authorization from $1 billion to $2 billion. The company had $1.19 billion of remaining authorization as of Sept. 7.
Its Bitcoin holdings remained at approximately 845,050 BTC. Strategy said those coins cost $63.73 billion at an average $75,412 per Bitcoin.
Strategy held $5.10 billion in its U.S. dollar reserve and $1.44 billion in U.S. dollar cash. Management uses those pools for preferred dividends, debt interest, Bitcoin purchases, and broader capital management.
The allocation decision came as another corporate holder increased exposure. Strive’s Sept. 8 Securities and Exchange Commission filing showed it bought 1,375 BTC between Aug. 31 and Sept. 4.
Strive paid an average $79,281 per Bitcoin, including fees and expenses. The purchase offered a contrast with Strategy’s focus on preferred-share support during the same week.
Crypto Today: Liquid Recovers 3,400 BTC After Federation Withdrawal
Liquid received 3,400 BTC back on Sept. 7 after roughly 4,000 BTC left its federation wallet. Bitcoin blockchain records confirmed the return transaction in block 965,950.
Samson Mow, chief executive of JAN3 and former Blockstream executive, said about 598 BTC remained outstanding. He said the return followed Blockstream’s confirmation that affected bridge nodes had been patched.
Liquid had disclosed the incident on Sept. 6 and paused network activity. Reuters reported that roughly $320 million had been withdrawn from the federation wallet.
The network said the withdrawal used SideSwap’s Peg-out Authorization Key. Liquid said that key had not been compromised.
SideSwap said 4,000 L-BTC entered its peg-out service before the federation released Bitcoin. The service said a bug in Elements created the affected L-BTC, while its systems remained uncompromised.
Mow said Liquid remained paused while Blockstream and federation members completed further security work. The group also worked to resolve a chain split before restarting network services.
The partial return restored most Bitcoin removed during the incident. However, the outstanding balance and paused bridge kept operational risks unresolved.
Liquid’s restart remains the next verifiable catalyst for crypto today. Blockstream and federation members had not published a confirmed restart time by Sept. 8.
This article is for informational purposes only and should not be considered financial or investment advice. Cryptocurrency and equity markets remain volatile. Readers should conduct independent research before making investment decisions.
