Visa launches VTAP to create fiat-backed tokens and improve transaction speed on Ethereum.

Visa Launches Platform to Help Banks Issue Fiat-Backed Tokens on Ethereum

Visa has introduced a new product to help banks create fiat-backed tokens on the Ethereum blockchain. This new platform is called the Visa Tokenized Asset Platform (VTAP), and it uses smart contracts to make this process easier. VTAP will allow banks to create tokens that are backed by real-world currencies, like dollars or euros. These […]

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