🟠 Visa Launches Tokenized Assets Platform

☄️ Visa, one of the world’s largest payment systems, has launched a new tokenization platform, seeking to capitalize on this growing field. The platform allows banks to issue tokens backed by fiat currencies.

➡️ Visa’s Tokenized Assets Platform (VTAP) will launch in 2025 on the Ethereum blockchain.

➡️ The goal of VTAP is to develop global standards for interoperability among financial institutions exploring blockchain technologies.