With the pilot test of Digital Real, the Brazilian government is looking to replicate the success of its instant payment system Pix.
The Brazilian central bank is conducting the pilot test on the Stellar blockchain since it is highly functional and designed for mass enterprise adoption.
Every major economy across the world is looking to launch its own central bank digital currency (CBDC) and Latin American country Brazil is the latest to conduct a CBDC pilot. As per the latest report by Reuters, Brazil’s central bank has officially launched the pilot for its experimental CBDC.
The test for Brazilian CBDC – Digital Real – is currently taking place on the Stellar blockchain network. On Monday, March 6, the Brazilian central bank announced the launch of its digital currency pilot project and is seeking to emulate the success shown by Pix, an instant payment system.
Fabio Araujo, the Brazilian central bank executive coordinating the entire CBDC project expects the public use of Digit

Czytaj więcej

We współpracy z: https://www.crypto-news-flash.com/stellar-lumens-central-bank-of-brazil-launches-xlm-blockchain-based-cbdc-for-millions-of-people-report/?utm_source=rss&utm_medium=rss&utm_campaign=stellar-lumens-central-bank-of-brazil-launches-xlm-blockchain-based-cbdc-for-millions-of-people-report