The Snapshot vote results showed that Swiss bank Fiat24's proposal to issue a joint Uniswap-Visa debit card was not approved, with a 93% opposition rate. Earlier, Fiat24 initiated a temperature check vote on the Uniswap governance platform, proposing to "issue a Visa debit card with the Uniswap logo". The proposal stated that Fiat24 is a regulated and licensed Swiss bank that operates on Arbitrum, and has abandoned servers, relying entirely on smart contracts to handle all banking operations. Fiat24 serves as the legal currency layer in decentralized exchanges such as Uniswap. Fiat24 proposed to cooperate with Uniswap to launch a joint Visa card to strengthen this bridge and expand its services to Europe, Southeast Asia, and Latin America.
All Comments