EddieJayonCrypto

 10 Apr 25

tl;dr

Brazil's largest commercial bank, Itaú, is considering launching its stablecoin, pending approval from the central bank. The bank's Head of Digital Assets cited the potential for atomic settlement using blockchain technology as a key driver for the move. However, there are indications of early frict...

Brazil’s largest commercial bank, Itaú, is considering launching its stablecoin pending approval from the central bank. The bank's Head of Digital Assets cited the potential for atomic settlement using blockchain technology as a key driver for the move. However, there are indications of early friction between Itaú's stablecoin direction and Brazilian financial regulators.

Brazil's central bank plans to introduce installment payments for its real-time payment platform, Pix, by the end of Q3 2025. This feature, called Pix Parcelado, aims to increase transaction volumes and expand Pix's usage in retail for higher-value purchases. The report also highlights the growing prominence of digital payment platforms and the projected rise of the global digital payment market.

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