đ Brazil's Central Bank Takes a Leap Forward with Real Digital! đ
đ Brazilâs Central Bank has selected 13 powerhouse firms to lead the charge in the second phase of its CBDC pilot, Real Digital. With heavyweights like Visa and Santander on board, the future of digital finance in Brazil is looking brighter than ever! âĄïž
This next phase, dubbed Drex, focuses on cutting-edge innovations like smart contracts and transformative financial services, aiming for implementation by mid-2025. đđ»
Notable players: đ Visa teams up with XP & Nubank to revolutionize FX markets. đ Santander explores auto financing, lending, & decarbonization. đ Local giants like Bradesco, ItaĂș Unibanco, and B3 are in the mix!
Brazil is poised to reshape its digital economy, with more firms set to join the pilot in 2024. đđ„
đ Stay ahead of the game with Binance, as the CBDC revolution unfolds!
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