The Central Bank of Brazil has announced new use cases that will be tested in the second pilot phase of its Drex CBDC. The bank is exploring innovative ways to utilize its digital currency, with a focus on improving efficiency and security in financial transactions. The new use cases will help the bank gather valuable data to further develop and enhance its CBDC system. This pilot phase is a crucial step in the bank’s journey towards implementing a successful digital currency. Stay tuned for updates on the progress of the Drex CBDC pilot phase.
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