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”...
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
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