A state-owned bank in Brazil is about to issue a crypto token designed to maintain parity with the national currency.
the Brazilian National Social Development Bank will launch a pilot in January 2019 for the BNDES token, which runs on the ethereum blockchain.
https://www.coindesk.com/this-brazilian-bank-is-using-ethereum-to-issue-a-stablecoin
your opinion
This is a positive news. It can greatly improve the value for ETH. At the same time, mining operators may opt for organic investment instead of continuing mining. At this stage, speculation is more appropriate than exploitation. Based on that, the past 2 weeks the market has moved forward. Hopefully ETH values will boom in the mid-2019 period.the Brazilian National Social Development Bank will launch a pilot in January 2019 for the BNDES token, which runs on the ethereum blockchain.
https://www.coindesk.com/this-brazilian-bank-is-using-ethereum-to-issue-a-stablecoin
your opinion