Daniele
Sat Jun 08 2024
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7 answers
1281
Does Brazil use digital currency?｜, the Real, Drex will leverage blockchain technology to improve security and transparency, the EIU noted.Serving as the digital representation of Brazil's currency
Could you elaborate on whether Brazil has embraced the use of digital currency? It seems that there is mention of a Real, presumably a reference to Brazil's official currency, and also Drex, which is said to harness blockchain technology for enhancing security and transparency, as noted by the EIU. Is Drex intended to be a digital representation of Brazil's currency, or is it a separate digital asset? It would be helpful to understand the status and role of digital currencies in Brazil's financial system.
