Visa Inc. is launching a platform for banks to issue fiat-backed tokens such as stablecoins and tokenized deposits, as more financial institutions and businesses express interest in how cryptocurrencies and blockchain technology can improve their operations.

Visa unveils VTAP, a new platform enabling banks to issue fiat-backed tokens on blockchain networks. BBVA plans a live pilot on Ethereum by 2025.

Visa plans to help banks explore blockchain technology and smart contracts with fiat-backed tokens. The digital payments giant has unveiled a tokenization platform for this – called Visa Tokenized Asset Platform (VTAP).

BBVA, one of Spain’s largest banks, is preparing to launch its own stablecoin by 2025 with the support of digital payments provider, Visa.

Visa Inc. has launched a new platform to help banks issue stablecoins and other fiat-backed tokens internationally. The Visa Tokenized Asset Platform (VTAP) will go live next year.

Join FStech editor Jonathan Easton, NICE Actimize's Adam McLaughlin and Graham Mackenzie of the Law Society of Scotland as they look at the role Designated Non-Financial Businesses and Professions (DNFBPs) play in the financial sector, and the challenges they face in complying with anti-money laundering and counter-terrorist financing regulations.

Visa’s new Tokenized Asset Platform offers users end-to-end solutions for the secure issuance and management of fiat-backed tokens such as stablecoins and CBDCs.

Global digital payments leader Visa has introduced the Visa Tokenized Asset Platform (VTAP). This innovation enables banks to issue and manage fiat-backed tokens on blockchain networks. VTAP is now available on the Visa Developer Platform for partner institutions to experiment with in a sandbox

Payment processing giant Visa (V) has entered the tokenization realm with its new Visa Tokenized Asset Platform (VTAP), which is aimed at facilitating the issuance and management of digital assets. This platform is designed to support a wide array of tokenized assets,