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Visa: Spanish bank BBVA participates in the development of a tokenized asset platform sandbox and plans to launch a pilot on Ethereum next year

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2024-09-25 20:06:35
Payments giant Visa said Wednesday that Spanish bank Bilbao Vizcaya (BBVA) has been participating in the development of the new Visa Tokenized Asset Platform (VTAP) sandbox this year. The bank is testing the issuance, transfer and exchange of bank tokens on the network blockchain. It plans to launch an initial pilot on the Ethereum blockchain to selected customers in 2025. (Blockworks)