BBVA, the second-largest bank in Spain, has announced plans to launch its own stablecoin in collaboration with Visa by 2025. The project is currently in the sandbox phase and aims to enter the operational phase next year. This initiative is part of Visa's strategy to strengthen its presence in the blockchain ecosystem and offer innovative solutions for digital payments. The stablecoin will be issued on the Ethereum blockchain and will provide BBVA's clients with a secure and efficient tool for managing payments and transfers. Visa is also developing tools to support banks in managing stablecoins and complying with regulations. While this represents an opportunity for BBVA to stand out in the banking landscape, there are challenges in terms of regulation and security. The partnership with Visa brings expertise and resources to tackle these challenges.



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