Visa’s Entry into Digital Assets with the Visa Tokenized Asset Platform (VTAP)
Visa recently launched the Visa Tokenized Asset Platform (VTAP), a new initiative aimed at supporting digital asset management, including stablecoins and CBDCs. VTAP offers minting, transfer, and settlement services across multiple blockchains, streamlining asset management for institutions. Currently in a sandbox phase, Visa expects live testing by 2025. By enabling secure blockchain workflows, Visa is bridging traditional finance and decentralized finance (DeFi), signaling a new chapter in crypto adoption. (BeinCrypto)
Parallel Web3 Game: A Game-Changer for Filipino Gamers
Parallel, a new Web3 trading card game, has gained support from Carlo Ople, founder of Unbox PH, for its potential to empower Filipino players globally. Built on blockchain technology, Parallel enables unique card ownership, adding value to the genre. The game’s sci-fi theme, free-to-play model, and upcoming mobile version make it highly accessible. Ople’s endorsement reflects the rising interest in blockchain-based gaming, positioning Parallel as a gateway for Filipinos into Web3. (BitPinas)
Solana's Competitive Edge Against Ethereum in Institutional Adoption
Solana, with its fast and cost-effective blockchain, has drawn attention from major institutions as a potential alternative to Ethereum for applications like stablecoins and asset tokenization. Endorsements from Visa and PayPal support Solana’s scalability and affordability. Despite the 300% rise in its market value compared to Ether, Solana still faces hurdles in market share and user applications. Expanding its dApp ecosystem will be critical to Solana’s ongoing competition with Ethereum. (CoinTelegraph)
Telegram's X Empire Game Revives with Airdrop Rewards
Telegram-based X Empire is back, introducing an exciting airdrop program to boost player engagement. Inspired by Elon Musk, the game offers empire-building and battles with crypto rewards. Players can earn airdrop bonuses, participate in community events, and enjoy gamified rewards. This re-launch capitalizes on the popularity of airdrops, attracting both veteran and new players to a dynamic, crypto-based game. (Decrypt)
