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!

#RWA #Visa #DeFi

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