cbdc

Brazil
2026-07-08 21:56:15

Brazil's Drex CBDC Drops Blockchain, Targets 2026 Launch

The Central Bank of Brazil has decided to abandon most blockchain and tokenization features of its CBDC project Drex, aiming for a centralized launch in 2026 due to immature privacy solutions. A second phase will later reintroduce blockchain technology.

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Brazil's Drex CBDC Drops Blockchain, Targets 2026 Launch
Brazil Centra
2026-07-08 21:02:12

Brazil Central Bank Unveils 13 New Use Cases for Drex CBDC Second Pilot Phase, Including Real Estate Tokenization

The Central Bank of Brazil has selected 13 new use cases for the second phase of its Drex CBDC pilot, covering real estate tokenization, government bond liquidity pools, international trade financing, and automated car transactions. Participants include Mercado Bitcoin, B3, Santander, and 16 other consortia, with privacy protection remaining a key technical challenge.

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Brazil Central Bank Unveils 13 New Use Cases for Drex CBDC Second Pilot Phase, Including Real Estate Tokenization