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BBVA to Launch Stablecoin with Visa Support

  • BBVA plans to launch a stablecoin with support from Visa.
  • The Spanish bank aims to enter the digital asset market by 2025.
  • The stablecoin is currently in the testing phase and is expected to be backed by various assets.
  • BBVA aims for the stablecoin to be used as a settlement layer on exchanges.

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