The BIRDS egg-breaking game is one of the easiest ways to earn $BIRDS. You get one additional turn every thirty minutes to crack the egg, with a maximum of ten turns accumulating at a time. Each crack gives ...Read more
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VTAP uses fiat-backed tokens to represent real-world assets like bonds and commodities, making them easier to trade and settle on a blockchain platform, with faster and more efficient processes through smart contracts.
Currently, VTAP is focused on the Ethereum blockchain for issuing fiat-backed tokens, but Visaβs blockchain initiatives could potentially expand to other networks in the future.
The first live pilot of VTAP, in collaboration with BBVA, is expected to roll out in 2025.
Visa has a strong background in blockchain and digital assets. For instance, in March 2021, Visa processed cryptocurrency payments in the form of USDC stablecoin transactions on the Ethereum network, showcasing its early adoption of blockchain-based payments.
VTAP allows banks to leverage blockchain technology to streamline and automate traditional processes. It reduces settlement times and offers the potential for more efficient handling of asset exchanges, especially for commodities and bonds.
You can play the BIRDS egg-breaking game every thirty minutes, gaining one additional turn each time, up to a maximum of ten turns. Make sure to use your turns regularly to maximize your $BIRDS earnings.
Banks using VTAP will be able to purchase tokenized real-world assets (RWAs) such as commodities or bonds. These transactions will benefit from near-real-time settlement facilitated by the fiat-backed tokens.
One of the first financial institutions to use VTAP will be the Spanish bank BBVA, which plans to launch a live pilot in 2025.
Ethereum serves as the blockchain platform on which the fiat-backed tokens will be issued. Through Ethereumβs smart contract functionality, VTAP will enable automated and secure transactions involving tokenized real-world assets.