Central Bank shuts Drex platform, clearing path for stablecoins
Cost, privacy concerns lead to pivot as banks explore their own digital currencies 11/05/2025 Drex’s second phase, launched in October 2024, is expected to conclude with a final report in early 2026 — Photo: Divulgação/Banco Central Brazil’s Central Bank has decided to shut down the blockchain-inspired platform used in the first two phases of Drex, […]
