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
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
Good news for cryptocurrency market. More and more countries use crypto as a solution to reduce the inflation and the devaluation of fiat money. It is similar to the period that paper money replace metal money to transact daily in the past