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November 20, 2024

Brazil Pushes Forward with CBDC Initiative Using Chainlink’s CCIP

The Central Bank of Brazil is progressing with its CBDC framework. They are collaborating with Banco Inter, Microsoft Brazil, 7COMm, and Chainlink to enhance trade finance solutions. This partnership marks a critical step in the second phase of Brazil’s DREX pilot program. The global financial landscape is shifting, and Brazil aims to be at the forefront.

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