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
Absolutely nothing will come of it. See how quickly this idea fades out when it starts to run into problems.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
Ethereum is indeed a potential coin and the smart contract created makes it a useful and easy platform. This will happen a lot with its development, price fluctuations occur and still seem slow but this news has given him support.