Brazil is actively exploring the combination of decentralized finance (DeFi) and central bank digital currency (CBDC)! 🇧🇷💡

According to Odaily Planet Daily, Brazil is developing a "synthetic" CBDC called Drex, formerly known as the digital Brazilian real. Roberto Campos Neto, president of the Central Bank of Brazil, stressed that the country needs a multi-dimensional CBDC to deal with the "trilemma" of decentralization, privacy, and programmability, which is difficult for traditional markets to solve at the same time.

This move shows Brazil's forward-looking thinking in the field of digital currency, which may provide new ideas for the development of global CBDC. The future of Bitcoin is still full of hope! 🚀🔗