Brazil’s central bank plans to use CBDC data to guide interest rate decisions

Brazil’s central bank plans to use CBDC data to guide interest rate decisions

Brazil’s Central Bank plans to treat transaction data from its central bank digital currency (CBDC) infrastructure, called Drex, as a direct input for setting the country’s interest rate benchmark. Central bank executive Henrique Videira said on June 4 at the Token Nation conference in São Paulo that every payment and asset transfer recorded on Drex’s […]

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