Brazil advances CBDC technology with new cross-chain pilot using Chainlink’s CCIP

The Central Bank of Brazil (BCB) is advancing its central bank digital currency (CBDC) framework initiative by collaborating with Banco Inter, Microsoft Brazil, 7COMm, and Chainlink, according to a Nov. 19 statement. The partnership aims to support trade finance solutions in the second phase of Brazil’s DREX pilot program. This phase will focus on automating … Continue reading Brazil advances CBDC technology with new cross-chain pilot using Chainlink’s CCIP