The Central Bank of Brazil disclosed a new set of 13 use cases that will be part of the second phase of the ongoing pilot of its drex CBDC. The selected use cases include platforms for tokenizing real estate, liquidity pools for trading public securities, and automating automobile transactions.

According to a report by cryptocurrency exchange Bitso, Argentines are leading stablecoin adoption in Latin America. This trend highlights the growing interest in digital assets as a potential hedge against economic instability in the region.

The article also mentions the potential for significant growth for the ETFSwap (ETFS) token, suggesting it could see a 100x increase before the popular meme coin Shiba Inu (SHIB).

Source: https://crypto.aabeyllc.com/central-bank-of-brazil-reveals-new-use-cases-to-be-tested-in-its-drex-cbdc-second-pilot-phase/

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