FV Bank integrates with Visa for crypto debit, corporate cards
The cards integrate balances in fiat money, stablecoins and cryptocurrencies held in custody accounts. Go to Source
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Avalanche Foundation introduces Visa crypto spending card
The Avalanche Card is a credit card linked to a “self-custody wallet and unique address per asset.” Go to Source
Ripple Wins Platinum for Best Cross-Border Payments Platform at Future Digital Awards 2024
Ripple has been named a Platinum Winner for Best Cross-Border Payments Platform in Juniper Research’s 2024 Future Digital Awards for Fintech & Payments. Other winners included Huawei for mobile money, SAP Fioneer for banking-as-a-service, and Paymentology for embedded finance, highlighting a year of varied fintech advancements. Ripple Wins at 2024 Future Digital Awards Juniper Research … Read more
Wisdomtree debuts debit card spending for onchain money fund
The card links to WisdomTree’s WTGXX onchain money fund, which yields 4.6% APR. Go to Source
BBVA to Launch Visa-Backed Euro-Pegged Stablecoin Next Year
BBVA, one of Spain’s largest financial institutions, has announced plans to launch its stablecoin product by 2025. The organization is currently in the sandbox stages and will be developed in partnership with credit giant Visa as part of one of the first projects using its services to launch stablecoins. BBVA Plans to Launch Stablecoin in … Read more
VTAP Explained: What is Visa Tokenized Asset Platform?
Discover the VTAP, a solution that allows financial institutions to issue and manage fiat-backed tokens securely on blockchain networks. Go to Source
Watchdog: Visa–Mastercard ‘duopoly’ spends millions blocking competition
According to a report, the two companies spent a combined $80 million lobbying against credit card competition acts. Go to Source
Visa Introduces Tokenized Asset Platform for Blockchain-Based Financial Services
Visa has launched the Visa Tokenized Asset Platform (VTAP), a new product designed to help banks issue fiat-backed tokens on the Ethereum blockchain. This platform aims to digitize and automate the trading of real-world assets, such as commodities and bonds, using smart contracts. VTAP provides financial institutions with the tools and infrastructure needed to tokenize … Read more
DOJ sues Visa over alleged payments monopoly
The suit alleges that Visa purposely made it difficult for competitors to participate in the payments market. Go to Source
41 firms join BIS Project Agora to advance unified ledger applications
The large private companies will work with seven central banks on improving structural inefficiencies in international transfers. Go to Source