B3 Stock Exchange of Brazil to Launch Tokenization Platform, Stablecoin
The B3 stock exchange of Brazil is set to launch its own tokenization platform along with a stablecoin. According to reports, the stablecoin is designed to facilitate transactions involving tokenized assets. The stablecoin is expected to be linked to the Brazilian real. The development indicates traditional financial institutions are increasingly embracing blockchain technology and digital assets.
Never miss a Web3 update
Join our Telegram channel to receive news in real-time, straight to your phone.