Brazilian Central Bank President Roberto Campos Neto confirmed that the central bank’s digital currency pilot (CBDC) will be launched in the second half of 2022.
The value of CBDC will be linked to the national payment system STR (Reserve Transfer System). The official noted that the digital real will be issued in fixed and limited amounts.
Neto also added that he still considers cryptocurrency to be an investment asset and not a form of money. However, he said that if digital assets grow in popularity, their role could change.