Bitpanda announced the launch of Vision Chain as a dedicated infrastructure to facilitate the scaling of tokenized assets. Built using the Optimism OP Stack, this Ethereum Layer 2 network enables banks and developers to issue and manage assets while remaining compliant with European regulations like the Markets in Crypto-Assets (MiCA) and MiFID II.
The new ecosystem utilizes the Vision (VSN) token to align network growth with usage through a revenue-based supply tightening mechanism. To ensure institutional scalability, the platform supports stable fees denominated in Euro-denominated stablecoins and provides grants to developers building within the European blockchain economy.
🧭 FAQs
• What is the primary purpose of the new Vision Chain network? It connects European financial institutions with the open onchain economy and institutional liquidity.
• Which regulatory frameworks does Vision Chain support in Europe? The infrastructure is designed for compatibility with MiCAR and MiFID II local standards.
• What technology powers the Bitpanda Vision Chain infrastructure? It operates as an Ethereum Layer 2 scaling solution using the Optimism OP Stack.
• How does the Vision token function within this digital ecosystem? The VSN token powers the network and features a mechanism to reduce supply.
Source: https://news.bitcoin.com/bitpanda-launches-vision-chain-to-connect-traditional-institutions-and-onchain-finance/
