Visa and Santander Selected by Brazil’s Central Bank for a Second Phase of CBDC Pilot

The
list
of
selected
projects
includes
global
companies
such
as
Visa,
which
will
work
alongside
the
Brazilian
brokerage
XP
and
digital
bank
Nubank
to
optimize
the
foreign
exchange
market.
Spanish
banking
giant
Santander,
for
its
part,
was
selected
to
work
on
a
project
involving
automobile
operations
and
another
focused
on
lending
and
decarbonization.