🚀 Breaking news from the world of cryptocurrency and blockchain! 🚀

- **Visa launches new platform** to help banks issue and manage fiat-backed tokens. Spanish banking giant BBVA will begin piloting the platform on the Ethereum blockchain in 2025.

- **Visa Tokenized Asset Platform (VTAP)** will allow financial institutions to issue, burn, and transfer fiat-backed tokens such as stablecoins. The platform integrates with existing banking infrastructure via API.

- **Process automation**: VTAP allows banks to automate complex credit lines using smart contracts and use fiat tokens to make payments when conditions are met.

- **Innovation and Partnerships**: Vanessa Colella, head of innovation and digital partnerships at Visa, said the company is excited to use its expertise in tokenization to integrate blockchain technology into banking.

💬 Share your thoughts in the comments! Do you think this will change the future of banking?