Brazil’s Largest Private Bank Itaú to Launch Tokenization Platform

Brazil’s Largest Private Bank Itaú to Launch Tokenization Platform

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This week, PicPay, a Brazil-based digital payments app with more than 30 million users, announced it plans to launch a crypto exchange and a Brazilian real-tied stablecoin later this year. In May, Nubank, the largest Brazilian digital bank by market value, added the option for customers to buy and sell bitcoin and ether on its platform.

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