DREX Pilot Project
Overview
The DREX pilot project represents Brazil's initiative to test and implement its Central Bank Digital Currency (CBDC).
Project Goals
- Test the technological infrastructure
- Evaluate security measures
- Assess scalability potential
- Validate use cases
Timeline
- Announcement: May 2023
- Initial Testing: Q3 2023
- Public Testing: 2024
- Expected Launch: 2025
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