Visa dives into the Real-World Assets (RWA$$$) narrative with its Visa Tokenized Asset Platform (VTAP).
Backed by 15,000+ financial institutions, VTAP bridges traditional finance with blockchain, enabling fiat-backed tokens on public chains like Ethereum.
Highlights:
- Programmability: Fiat tokens integrated with smart contracts for seamless automation.
- Interoperability: Connecting permissioned & public blockchains for cross-chain asset exchange.
- Global Scope: BBVA is already piloting VTAP, with live Ethereum projects expected by 2025.
Visa's move strengthens blockchain adoption, opening doors for tokenized treasuries, commodities, and beyond!
