⚡️ @BBVA has disclosed its plans to launch its stablecoin in partnership with @Visa

According to BBVA's head of digital assets and blockchain, the firm is set to launch a native stablecoin in partnership with Visa. Moreover, the firms plan to launch the stablecoin's prototype phase in 2025. BBVA will likely build its stablecoin around the euro, given its European presence, and that it could be used for settlement on exchanges that offer tokenized assets. Earlier in September, BBVA was announced as the first project to utilize Visa Tokenized Asset Platform (VTAP).

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