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ITAU

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🇧🇷 Brazil's largest bank ITAU will purchase $210 million worth of $BTC , according to TopCryptoNews. For a second, the bank manages assets worth $509 billion. #BTC $BTC #Bitcoin #ITAU
🇧🇷 Brazil's largest bank ITAU will purchase $210 million worth of $BTC , according to TopCryptoNews.
For a second, the bank manages assets worth $509 billion.
#BTC $BTC #Bitcoin #ITAU
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Bullish
$BTC $ETH (BR)🇧🇷 Itaú libera negociação de Bitcoin e Ethereum com custódia própria. Clientes cadastrados no aplicativo de investimentos da empresa podem comprar criptos a partir de R$10. O Itaú Unibanco (ITUB4) liberou nesta segunda-feira (4) a negociação direta de Bitcoin (BTC) e Ethereum (ETH), as duas maiores criptomoedas do mercado, em sua plataforma de investimentos, a íon. O banco, que em junho passou a fazer parte da Abcripto (Associação Brasileira da Criptoeconomia), disse em nota que começou a oferecer os ativos digitas para atender a demanda dos clientes. “Com essa novidade, ampliamos nossa prateleira de produtos e proporcionamos mais uma classe de ativos para diversificação, que deve ser feita de acordo com o perfil de cada um”, falou Cláudio Sanches, diretor de produtos e soluções para investidores da empresa. (US)🇺🇲 Itaú allows Bitcoin and Ethereum trading with its own custody. Customers registered in the company's investment application can buy cryptos from R$10. Itaú Unibanco (ITUB4) released this Monday (4) the direct trading of Bitcoin (BTC) and Ethereum (ETH), the two largest cryptocurrencies on the market, on its investment platform, ion. The bank, which in June became part of Abcripto (Brazilian Cryptoeconomics Association), said in a statement that it began offering digital assets to meet customer demand. “With this new feature, we expanded our product shelf and provided another class of assets for diversification, which must be done according to each person’s profile”, said Cláudio Sanches, director of products and solutions for investors at the company. #Multinvestidor #criptomoedas #MultiMidiaEcommerce #itau #criptoativos #bancobrasileiro
$BTC $ETH (BR)🇧🇷
Itaú libera negociação de Bitcoin e Ethereum com custódia própria.

Clientes cadastrados no aplicativo de investimentos da empresa podem comprar criptos a partir de R$10.

O Itaú Unibanco (ITUB4) liberou nesta segunda-feira (4) a negociação direta de Bitcoin (BTC) e Ethereum (ETH), as duas maiores criptomoedas do mercado, em sua plataforma de investimentos, a íon.

O banco, que em junho passou a fazer parte da Abcripto (Associação Brasileira da Criptoeconomia), disse em nota que começou a oferecer os ativos digitas para atender a demanda dos clientes.

“Com essa novidade, ampliamos nossa prateleira de produtos e proporcionamos mais uma classe de ativos para diversificação, que deve ser feita de acordo com o perfil de cada um”, falou Cláudio Sanches, diretor de produtos e soluções para investidores da empresa.

(US)🇺🇲
Itaú allows Bitcoin and Ethereum trading with its own custody.

Customers registered in the company's investment application can buy cryptos from R$10.

Itaú Unibanco (ITUB4) released this Monday (4) the direct trading of Bitcoin (BTC) and Ethereum (ETH), the two largest cryptocurrencies on the market, on its investment platform, ion.

The bank, which in June became part of Abcripto (Brazilian Cryptoeconomics Association), said in a statement that it began offering digital assets to meet customer demand.

“With this new feature, we expanded our product shelf and provided another class of assets for diversification, which must be done according to each person’s profile”, said Cláudio Sanches, director of products and solutions for investors at the company.

#Multinvestidor
#criptomoedas
#MultiMidiaEcommerce
#itau
#criptoativos
#bancobrasileiro
See original
The Brazilian stablecoin is here, traditional banks are entering the arena, is it an opportunity or a trap? Brazil's largest bank Itau Unibanco plans to launch a real stablecoin, what does this mean? Is this an opportunity for the crypto market, or a dimensionality reduction attack by banks on DeFi? 🟢 Opportunity ✅ Fiat currency directly on-chain, users can hold Brazilian reais on-chain, reducing cross-border transaction costs. ✅ Institutional entry, increased trust; for traditional finance users, bank-issued stablecoins are more credible. ✅ Trend towards compliance, which might mean that more national banks will follow suit in the future, leading to a new wave of growth in the stablecoin sector. 🔴 Risks ⚠️ Centralization issue; banks control the issuance and freezing of stablecoins, can they truly circulate freely in DeFi? ⚠️ Compliance traps; if banks require user KYC and restrict trading parties, is this still the familiar crypto world? ⚠️ Traditional banks vs. crypto-native; once large banks establish a foothold, will they squeeze the market share of crypto-native stablecoins like USDT and USDC? If Itau's stablecoin really takes off, will it be a fresh breeze for DeFi, or a full-scale invasion of the decentralized world by traditional finance? What do you think? #ITAU
The Brazilian stablecoin is here, traditional banks are entering the arena, is it an opportunity or a trap?

Brazil's largest bank Itau Unibanco plans to launch a real stablecoin, what does this mean? Is this an opportunity for the crypto market, or a dimensionality reduction attack by banks on DeFi?

🟢 Opportunity
✅ Fiat currency directly on-chain, users can hold Brazilian reais on-chain, reducing cross-border transaction costs.
✅ Institutional entry, increased trust; for traditional finance users, bank-issued stablecoins are more credible.
✅ Trend towards compliance, which might mean that more national banks will follow suit in the future, leading to a new wave of growth in the stablecoin sector.

🔴 Risks
⚠️ Centralization issue; banks control the issuance and freezing of stablecoins, can they truly circulate freely in DeFi?
⚠️ Compliance traps; if banks require user KYC and restrict trading parties, is this still the familiar crypto world?
⚠️ Traditional banks vs. crypto-native; once large banks establish a foothold, will they squeeze the market share of crypto-native stablecoins like USDT and USDC?

If Itau's stablecoin really takes off, will it be a fresh breeze for DeFi, or a full-scale invasion of the decentralized world by traditional finance? What do you think?

#ITAU
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