Brazil’s Largest Bank Plans to Launch Its Own Stablecoin

The post Brazil’s Largest Bank Plans to Launch Its Own Stablecoin appeared first on Coinpedia Fintech News Brazil’s largest bank, Itaú Unibanco, with over 55 million customers, is considering launching its own stablecoin. Guto Antunes, head of digital assets, says interest has grown due to the U.S. government’s evolving crypto stance. He highlights blockchain’s potential for atomic transactions and hints at a possible Brazilian real-backed stablecoin. However, Itaú is first studying the …