Latest News and Articles about Brazilian Real

Itaú Unibanco Eyes Real-Pegged Stablecoin: Awaiting Brazil’s Regulatory Green Light

6 April 2025 Daily Feed Brazilian Real, Central Bank, Itaú Unibanco, Stablecoin

Itaú Unibanco Explores Real-Pegged Stablecoin: A Game-Changer for Brazil? Itaú Unibanco, the leading bank in Brazil and Latin America, is considering the launch of a stablecoin pegged to the Brazilian real. This move, however, hinges on regulatory clarity from the Central Bank of Brazil, which is currently conducting a public consultation on the stablecoin market. […]

Brazil’s Braza Group Launches BBRL Stablecoin on XRP Ledger to Enhance Digital Economy

21 February 2025 Daily Feed BBRL, Braza Group, Brazilian Real, XRP Ledger

Brazilian Bank Braza Group Launches BBRL Stablecoin on XRP Ledger to Boost Digital Economy Brazil’s digital economy is on the rise, with the country’s GDP growth forecasted at 3% for 2024. In a significant move, Braza Group, a leading Brazilian bank, has launched BBRL, a stablecoin pegged to the Brazilian Real, on the XRP Ledger. […]