May 3, 2024
Blockchain News

Visa to Develop Brazilian Blockchain-powered CBDC Project

The payments giant Visa has unveiled a new blockchain and central bank digital currency (CBDC) project in Brazil. Per the Brazilian media outlet Livecoins, the firm was selected by the Brazilian central bank to “explore” blockchain technology-powered “usage cases” for the prototype digital real. The bank is hopeful of debuting its coin later this year. It has also claimed that the coins will be designed with a view to helping local businesses.... Read More: Visa to Develop Brazilian Blockchain-powered CBDC Project