Visa Launches New Platform to Help Banks Issue Fiat-Backed Tokens on Ethereum

With fiat-backed tokens on Ethereum, the platform will allow banks to digitize traditional financial processes.
$30T in Tokenized RWAs by 2030 is A Wild Overreach, Analyst Suggests

The tokenization of real world assets is the digital proof of ownership of an asset, represented by a token (or tokens) on a blockchain.