diff --git a/src/cmd/compile/internal/noder/stencil.go b/src/cmd/compile/internal/noder/stencil.go
index cf8641d60e6..23f53bac046 100644
--- a/src/cmd/compile/internal/noder/stencil.go
+++ b/src/cmd/compile/internal/noder/stencil.go
@@ -912,6 +912,12 @@ func (subst *subster) node(n ir.Node) ir.Node {
 			if v := subst.ts.Vars[x.(*ir.Name)]; v != nil {
 				return v
 			}
+			if ir.IsBlank(x) {
+				// Special case, because a blank local variable is
+				// not in the fn.Dcl list.
+				m := ir.NewNameAt(x.Pos(), ir.BlankNode.Sym())
+				return typed(subst.ts.Typ(x.Type()), m)
+			}
 			return x
 		case ir.ONONAME:
 			// This handles the identifier in a type switch guard
diff --git a/test/typeparam/issue48602.go b/test/typeparam/issue48602.go
new file mode 100644
index 00000000000..53ce20e6eae
--- /dev/null
+++ b/test/typeparam/issue48602.go
@@ -0,0 +1,25 @@
+// run -gcflags=-G=3
+
+// Copyright 2021 The Go Authors. All rights reserved.
+// Use of this source code is governed by a BSD-style
+// license that can be found in the LICENSE file.
+
+package main
+
+type Iterator[T any] interface {
+	Iterate(fn T)
+}
+
+type IteratorFunc[T any] func(fn T)
+
+func (f IteratorFunc[T]) Iterate(fn T) {
+	f(fn)
+}
+
+func Foo[R any]() {
+	var _ Iterator[R] = IteratorFunc[R](nil)
+}
+
+func main() {
+	Foo[int]()
+}