#BrazilReadyToCryptoPayment

Brazil Plans to Propose the Use of Crypto to Enhance Trade Among BRICS Nations

Brazil is leading efforts to use blockchain technology to enhance cross-border trade among BRICS nations. Under its presidency, the country is prioritizing faster and more transparent transactions over creating a unified currency.

The Brazilian Central Bank is piloting **drex**, a digital infrastructure project aimed at enabling tokenized cross-border payments, aligning with its broader push to integrate blockchain into financial systems.