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

Odaily News Payment giant Visa said on Wednesday that Spain's BBVA has been participating in the new Visa Tokenized Asset Platform (VTAP) sandbox development this year. The bank is testing the issuance, transfer and redemption of bank tokens on the network blockchain, and plans to launch an initial pilot with selected customers on the Ethereum blockchain in 2025. (Blockworks)