Snapshot voting results show that Swiss bank Fiat24’s vote on issuing a Uniswap co-branded Visa debit card failed, with an opposition rate of 93%.
Earlier news, Fiat24 initiated a temperature check vote on the Uniswap governance platform to "issue a Visa debit card with the Uniswap logo". The proposal content is: Fiat24 is a regulated and licensed Swiss bank, operating on Arbitrum. Fiat24 abandons servers and relies entirely on smart contracts to handle all banking business. Fiat24 acts as a legal currency layer in decentralized exchanges such as Uniswap. Fiat24 proposed to cooperate with Uniswap to launch a co-branded Visa card to strengthen this bridge and expand its service scope to Europe, Southeast Asia and Latin America.