Visa will help banks issue fiat-backed tokens

Key facts: Visa wants to help digitize and automate processes for exchanging real-world assets. The platform will allow banks to purchase tokenized assets such as commodities and bonds. Visa announced the launch of the Visa Tokenized Asset Platform (VTAP), a solution designed to enable banks to issue fiat-backed tokens on the Ethereum network. This initiative … Read more

Tangem will launch a VISA card to pay with a self-custody wallet

Tangem will launch a self-custody payment card in conjunction with VISA, the financial services network that facilitates electronic transfers and operates in more than 200 countries. According to Michael Butaev, head of the payments division at Tangem Wallet, the technology used is one that allows “creating a true self-custody card without having to trust your … Read more