Visa Launches New Blockchain Platform Enabling Banks to Issue Fiat-Backed Tokens

Visa has introduced a new product aimed at revolutionizing the way banks engage with blockchain technology. The Visa Tokenized Asset Platform (VTAP) will allow financial institutions to issue fiat-backed tokens on blockchain networks. The platform is designed to help banks seamlessly bridge traditional fiat currencies with emerging blockchain-based assets. According to Visa’s announcement, VTAP offers

Source: CryptoGlobe