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

Oluwapelumi Adejumo

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 […]

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