Visa’s Power Play: New Platform Amidst Legal Challenges
Visa announced the launch of VTAP, a platform for banks to manage tokenized digital assets, amid a U.S. Justice Department antitrust lawsuit against the payment giant. Released on October 3, 2024, VTAP enables banks to mint, burn, and transfer fiat-backed tokens like stablecoins and tokenized deposits. By doing this, the ... Read more