Visa partners with Spanish banking giant BBVA for 2025 stablecoin launch

BBVA is the latest financial giant entering the crowded field of stablecoins as the Spanish bank gets set to launch its own digital asset next year with the aid of Visa.

The bank is currently in the sandbox phase of a new Visa program that helps firms launch their own tokenized assets, and wants to reach the prototype phase and live activity by 2025.

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