Visa Launches Blockchain-Powered CBDC Initiative for Brazil’s Farmers: A Game-Changer?

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Payments giant Visa has recently revealed a new central bank digital currency (CBDC) project that aims to support the Brazilian economy, specifically focusing on small and medium-sized enterprises. Farmers, who contribute a significant portion of Brazil’s GDP, are the primary target market for this project as they are in dire need of new financing options. […]