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
The cryptocurrency is saving the economy of Brazil, there is no doubt that this cryptocurency signing is again an inside job for their financial thirdparties to handle their economy. I think that is still a good action. Still, they are adopting more on a crypto space rather than their fiats. Let us wait for the updates.