Stablecoins have collected steam in recent months, and Brazil’s largest commercial bank has signaled an intention to roll out its version in the near future.
According to a ReportItaú is considering a Stablecoin launch to reflect the movements for its international counterparts in the US’s Digital assets, Guto Antunes, revealed that the Brazilian bank’s decision to continue with a Stablecoin is due to the central bank.
Antunes revealed in an interview that apart from playing Catchup with its international comrades, the bank has identified several rises in connection with Stablecoins. The outlook for atomic settlement with blockchain technology is at the top of the list for the Brazilian bank.
“The question of Stablecoins has always been on Itau’s radar,” Antunes said. “We cannot ignore the power that blockchain must resolve transactions atomically.”
While ITAU cannot proceed with a complete roll -out, the bank is reportedly experimenting with its version of a Stablecoin awaiting a green light from the central bank. Antunes said that the commercial bank is investigating its customers’ StableCoin needs and mullays over the choice of a USD or a Reais-supported StableCoin.
“We are always open to understanding our client if it makes sense to have a Stablecoin, even one in Reais, within the ITAU,” Antunes added.
Brazil’s central bank continues with a public consultation for Stablecoins and serves as a precursor for robust regulation for the asset class.
Already there seems to be early friction between Itau’s Stablecoin direction and Brazilian financial regulatory authorities. Antunes revealed support for self -conditions about Stablecoins, but Chatter from Insiders says the central bank will prohibit the offer.
The commercial bank has participated in Brasil’s Whiskeale Central Bank Digital Currency (CBDC) while Dabbing in blockchain solutions for payment. Ituu will not be the first Brazilian bank to release a Stablecoin, with BTG Pactual Rolling Out a USD-based StableCoin 2023.
StableCoin activity see explosive growth
Over the past month, the StableCoin activity has risen with US drive measurements. President Donald Trump has revealed plans to use Stablecoins to maintain the US dollar dominance and achieve a habit among issuers.
New Stablecoin control is on the horizon, with both Genius and Stable acts By passing the committee’s stage and continuing to a complete house vote. Outside the United States has Nigeria Launched Its first local Stablecoin, while Dubai has Approved USDC and Eurc to work in Dubai International Financial Center (DIFC).
Brazil’s central bank is set to launch the BNPL feature for PIX
Central Bank of Brazil (BCB) has revealed Its plans to start payment payments for its real -time payment platform PIX.
The Brazilian Central Bank will launch a feature similar to purchases now, pay later (BNPL) solutions at the end of Q3 of 2025. According to the report, a tentative launch date in September is likely for BCB.
The function, called Pix Parcelado, allows consumers to make purchases without paying full prices in advance. During the incoming function, PIX users can share payments over a timeline, as the central bank says will increase the PIX transaction volumes.
Since Pix was launched in 2020, Real -time payment platform Has quickly become famous among the industry’s first relocation. The new feature is expected to swipe PIX’s closest competitor, credit and debit cards while improving the use measurements.
Notably, the Central Bank’s officials reveal the plan to focus on Pix use for advanced consumer goods.
“The function has the potential to increase Pix use in retail for purchases with higher value, which benefits them without access to traditional credit options,” said the central bank.
Traditionally, paying in installments a deep -seated consumer behavior among Brazilians. According to the report, the merchants will receive the full value of their goods and services at the point of sale, while consumers have the freedom to choose an appropriate repayment plan.
BCB’s statement did not reveal clear technical details, but Pundits believes that the function can integrate blockchain or smart contracts for payment automation.
In addition, the BCB revealed the proposed roll -out for PIX claims to serve as collateral for loans. The function is planned for roll -out 2026 and will enable long -term users with significant volumes to use their receivables for collateral and offer lower loan costs.
At the beginning of 2025, Pix launched one Automated recurring payment Function for users, as BCB says will trigger $ 30 billion in transaction volume for the platform.
Digital payments are increasing
Brazil’s Pix is not the only digital payment platform recording of impressive numbers. Several digital payment platforms set the pace in their respective jurisdictions, with a report that tips the global digital payment market to Soar to 3 trillion dollars before 2029.
Credit cards lead the package, but Digital wallets will contribute to a large part of the industry’s growth. Immediate payments with web3 solutions are expected to be important drivers because CBDCs are ready for mainstream acceptance.
Look at Spotlight On: Centi Franc – the truly stable Stablecoin
https://www.youtube.com/watch?v=HNVZK_XL4XW Title = “Youtube video player” Ramborder = “0” Allow = “Accelerometer; Autoplay; Clipboard Writing; Encrypted Media; Gyroscope; Image-in-Ib Picture; Web Dividend” Reference Policy = “Strict-Origin-When-Cross-Origin” Allowing Lorscreen = “>”