Adoption, innovation and infrastructure enable Brazil for Drex, assesses Citi. https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=717/https://s3.cointelegraph.com/storage/uploads/view/5fd9bf825caf2595b0badaa60f885f4c.jpg
It is worth noting that Drex is a central bank digital currency (CBDC) and represents the official Brazilian currency, the Brazilian real, in a digital format. It has the same value and acceptance as traditional paper currency and is regulated and issued by the Central Bank of Brazil. Transactions involving Drex require a bank or other financial institution as an intermediary