Dex-Trade News Digest: Bitcoin’s Creator Allegedly Unveiled & Visa to Launch Stablecoin Platform

This week in crypto: A new documentary claims to unmask the identity of Bitcoin's secretive creator, Satoshi Nakamoto, while Visa gets ready for 2025. Next year, they launch their global stablecoin platform for banks. Now, let me take you through these unprecedented events.

HBO Documentary Claims to Reveal Bitcoin’s Creator, Satoshi Nakamoto

The hunt for Satoshi Nakamoto, Bitcoin's pseudonymous inventor, has been going on for a long time. Now, according to a new HBO documentary, the taping claims to know who he is. Insiders close to the matter say the film explores various leads, ranging from Nakamoto having actually been a deceased Cypherpunk developer named Len Sassaman, who died in 2011, to Adam Back, another seminal figure in the Bitcoin community.

 

The air date of the documentary is expected next Wednesday, and it has grown heated debates at various social media platforms. Some believe that in case the entity indeed is gone, that would mean 1.1 million BTC presumably held by Nakamoto are irretrievably lost, which will somehow affect Bitcoin's future.

 

This could be a documentary that might influence financial markets and even political discourse in the U.S., particularly with Trump's support for Bitcoin. It is, therefore, a story worth following.

Visa to Launch Global Stablecoin Platform for Banks by 2025

Soon, in 2025, changes will come to Visa in the financial environment with the global launch of the Visa Tokenized Asset Platform, enabling banks to mint, burn, and transfer stablecoins and other fiat-backed tokens by connecting traditional banking with blockchain features.

 

The platform is currently in the testing phase, and its pilot operations are expected to run on the Ethereum blockchain. Visa's first mover advantage was joined by Spanish bank BBVA, which revealed plans to issue its first stablecoin via VTAP. internal usage has been started by BBVA for transitions, adding that it would advance usage once the technology matures.

 

The move reflects Visa's further foray into the crypto space, underlining the ever-growing role of stablecoins in modern finance