🚨 BREAKING NEWS: BBVA Set to Launch Its Own Stablecoin by 2025 in Partnership with Visa! 🚨

BBVA, the second-largest bank in Spain, has announced plans to launch its own stablecoin in collaboration with Visa by 2025. Currently, the project is in the sandbox phase, where new technologies are tested before moving to a prototype and operational phase next year. The stablecoin is intended to facilitate secure digital transactions and will be integrated into the blockchain ecosystem, likely being backed by fiat currencies like the euro or U.S. dollar

This initiative reflects BBVA's ongoing commitment to digital transformation and positions them to compete effectively in a rapidly evolving financial landscape. By working with Visa, the bank aims to leverage established regulatory compliance and expertise in the cryptocurrency space​

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