---
title: "Brazil tests DeFi elements, compatibility in Drex CBDC pilot"
url: https://diffcoin.com/brazil-tests-defi-elements-compatibility-in-drex-cbdc-pilot/
description: "Brazil’s central bank is developing a synthetic central bank digital currency, which aims to blend decentralization, privacy and programmability. Source link"
published: 2024-10-04
updated: 2024-10-04
author: "Mila"
site: "Diffcoin"
---

# Brazil tests DeFi elements, compatibility in Drex CBDC pilot

Brazil’s central bank is developing a synthetic central bank digital currency, which aims to blend decentralization, privacy and programmability.

[Source link](https://cointelegraph.com/news/brazil-decentralized-finance-digital-real-cbdc?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)