As Brazil grapples with rising interest rates and a volatile currency, companies across sectors are facing unprecedented ...

Brazil is looking for ways to ensure that its central bank-issued digital currency (CBDC) Drex is fully unique.

you may want to exchange some of your money into Brazilian reais, the country’s official currency. The international symbol for the currency is BRL. When it comes to terminology, one unit of BRL ...

Brazil’s central bank is developing Drex, a synthetic CBDC focused on decentralization, privacy and programmability.

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There is now a fast and secure platform for transactions in local currencies that sidesteps the US dollar. Read more at ...

Brazil's cryptocurrency exchanges are launching BRL1, a stablecoin pegged to the Brazilian real, with the aim of ...

This surge reflects an increasing preference for stablecoins in B2B cross-border payments, driven by the need for stable US ...

Brazil is integrating DeFi elements into its Drex CBDC pilot to modernize financial infrastructure and address the trilemma ...

Then there’s Brazil’s currency, which is down 11% this year amid concerns the government’s ambitious spending plans will prevent it from hitting its budget targets.

Executives in Latin America’s largest economy are redrawing plans, reprofiling debt and holding back investment as interest rates climb and the currency remains under pressure.