Visa announces the launch of Tokenized Asset Platform VTAP

According to ChainCatcher, Visa recently announced the launch of its new tokenized asset platform VTAP (Visa Tokenized Asset Platform). This platform is designed to help banks issue fiat-based tokens and provide financial institutions with more convenient digital asset management solutions.

The VTAP solution has been opened to participating financial institution partners on the Visa developer platform. Through this platform, banks can more easily manage and issue tokenized assets and improve the efficiency and security of financial services.

This move marks a new progress in the application of blockchain technology by traditional financial institutions, which is worth paying attention to.