Brazil’s Leading Bank Explores Stablecoin Launch While Cautiously Awaiting Regulatory Guidelines

Brazil’s largest bank, Itaú Unibanco, is developing a stablecoin to support blockchain transactions, but its timeline hinges on the outcome of a central bank proposal that may restrict stablecoin use. source: https://cryptonews.com/news/brazils-leading-bank-explores-stablecoin-launch-while-cautiously-awaiting-regulatory-guidelines/