BTCC
/
BTCC Square
/
Global Cryptocurrency
/
Central Bank of Brazil Advances Credit-Focused CBDC Pilot with Tokenization Phase
Central Bank of Brazil Advances Credit-Focused CBDC Pilot with Tokenization Phase
9
2
The Central Bank of Brazil has signaled a pivotal shift in its CBDC strategy, targeting credit market efficiencies through tokenization. The Drex pilot''s third phase will deploy blockchain solutions to collateral visibility, enabling seamless onchain credit allocation within Brazil''s open finance ecosystem.
This institutional MOVE mirrors global central bank explorations of programmable money, though Brazil''s credit-centric approach distinguishes its digital real ambitions. The initiative could catalyze private sector innovation in tokenized assets and DeFi protocols.
By:
Previous
NVIDIA Unveils TensorRT for RTX to Boost AI Application Performance
Next
French Police Arrest Suspects in Brutal Crypto Kidnapping Case
