A financial institution would use Visa’s new platform to buy tokenized RWAs reminiscent of commodities or bonds with near-real-time settlement, utilizing a token, the assertion stated. One of many first monetary establishments to make use of VTAP shall be Spanish financial institution BBVA, who expects to rollout a stay pilot in 2025.
Visa (V) to Help Banks Situation Fiat-Backed Tokens on Ethereum Through New RWA Platform
