đ **Visa Launches Blockchain Platform for Banks!** đ
Visa has unveiled the Visa Tokenized Asset Platform (VTAP), a blockchain-based solution to help banks issue and manage fiat-backed tokens like stablecoins. BBVA, a major Spanish bank, will pilot this tech on Ethereum by 2025.
**Key Highlights:**
- VTAP allows banks to mint, burn, and transfer fiat-backed tokens.
- Integrates with existing banking systems via APIs.
- Automates processes using smart contracts.
Visa's move aims to bridge traditional banking with blockchain. What do you think? đ€ Share your thoughts in the comments!