Thursday Jul 25, 2024
Brazil's Digital Evolution: DREX Paving the Way for Financial Freedom and Innovation
Welcome to the World of DREX!
In Brazil, Banco do Brasil is leading a global financial evolution, transforming the nation into a crypto hub for international payments. The Central Bank of Brazil is set to launch its groundbreaking Central Bank Digital Currency (CBDC), the Digital Real (DREX), by 2025. DREX is more than just a digital currency; it's a platform for driving financial innovation and inclusion, with the potential to revolutionize Brazil's economy.
Join us on our podcast as economist Fabio Araujo, at the helm of DREX, discusses how Brazil's CBDC could set the gold standard for financial inclusion and boost the microeconomy, while addressing consumer safety and privacy concerns. Discover how the evolution is here, and many are working hard to pioneer win-win solutions for a more inclusive and prosperous future.
#DREX #CBDC #Brazil #FabioAraujo #FinancialInclusion
Additional resources:
https://tripsterpanda.com/live-brazil/pix-brazil-new-instant-payment-system/
https://www.bcb.gov.br/
https://www.bcb.gov.br/acessoinformacao/comef
https://www.bcb.gov.br/estabilidadefinanceira/drex
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Music credit: https://www.FesliyanStudios.com
This channel and our guests are not financial advisors. The content provided is for information and educational purposes. Please do your own research.
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