Visa announced its tokenized asset platform for issuing and managing digital assets, including stablecoins and CBDCs, to meet growing demand in the blockchain space.
Visa unveiled its new Visa Tokenized Asset Platform (VTAP), a service designed to enable the issuance and management of digital assets.
On Oct. 3, the financial services giant revealed its VTAP, which it said is built to support a wide range of tokenized assets, including stablecoins and central bank digital currencies (CBDCs).
The platform will cater to institutional investors and central banks, offering end-to-end infrastructure for securely minting, transferring and settling digital assets across public and permissioned blockchains.
