<ul><li>Brazil’s central bank has launched the second phase of its Drex CBDC pilot to improve cross-border agricultural trade and streamline supply chain operations.</li><li>Chainlink is providing its Cross-Chain Interoperability Protocol (CCIP) for secure, cross-platform transactions, while Banco Inter is leading the platform’s implementation and Microsoft offers the cloud infrastructure.</li><li>The pilot aims to modernise trade finance by addressing inefficiencies, automating supply chain payments, and exploring the integration of CBDCs and blockchain technology into Brazil’s economy.</li><li>Key industry players, including Microsoft, Chainlink, Banco Inter, and 7Comm, are collaborating to develop a trade finance system powered by blockchain and oracles.</li></ul>

Chainlink, Banco Inter, and Microsoft Sync Up to Power Brazil’s CBDC Pilot

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