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Brazil Central Bank's Drex CBDC Pilot Program expansion visual representation.
CBDC

Brazil Central Bank Expands Drex CBDC Pilot Program for Advanced Use Cases

The Central Bank of Brazil is expanding its Drex CBDC pilot program to include new participants and test advanced use cases. Discover the confirmed 13 use cases including carbon credits and foreign...

blockchainDesign paper for Eswatini's digital lilangeni, a new central bank digital currency concept.

Eswatini Central Bank Launches Digital Lilangeni Design Paper

The Central Bank of Eswatini has unveiled a design paper for its digital lilangeni, a tokenized CBDC that promises pseudo-anonymity and programmable payments to transform the country's cash-dominat...

BrazilDrex CBDC project logo and Brazil's financial landscape

Brazil's CBDC Project Drex Aims to Transform National Transaction System

Brazil's CBDC pilot project Drex, led by Fabio Araujo, seeks to replace the national transaction system. While the transition is complex and costly, Drex aims to simplify financial settlements with...

BrazilBrazil's Drex CBDC project aiming to revolutionize the national transaction system.

Brazil's CBDC Project Drex Set to Transform National Transaction System

Fabio Araujo, coordinator of Brazil's CBDC project Drex, shares insights on its evolution to replace the national transaction system and how it will streamline financial settlements.

BrazilImage depicting Brazil's CBDC Drex and the integration of DeFi.

Brazil Integrates DeFi in Synthetic CBDC Development: Insights on Drex

Brazil is innovatively incorporating decentralized finance (DeFi) into the development of its synthetic CBDC, Drex, as announced by Central Bank Governor Roberto Campos Neto. This initiative aims t...

BlockchainImage illustrating Brazil's integration of DeFi in its CBDC development.

Brazil Integrates DeFi into Synthetic CBDC Development for Economic Innovation

Brazil is advancing its synthetic CBDC, Drex, by incorporating decentralized finance (DeFi) to tackle decentralization, privacy, and programmability challenges. This innovative approach was highlig...