Visa launches tokenized asset platform VTAP to help banks issue fiat-based tokens! 🎉

Odaily Planet Daily reported that Visa announced the launch of a new tokenized asset platform VTAP (Visa Tokenized Asset Platform), which aims to provide banks with solutions for issuing fiat-based tokens. The platform is now open to participating financial institution partners on the Visa developer platform.

It is worth noting that Spanish bank BBVA plans to launch a stablecoin business in cooperation with Visa next year. Francisco Maroto, head of digital assets and blockchain at BBVA, said the bank is currently in the sandbox stage of Visa's new plan.

Bitcoin continues to lead the market, looking forward to more innovations! 🚀