Mercado Bitcoin partners with Stellar for CBDC development in Brazil
The largest crypto exchange in Latin America, Mercado Bitcoin, has announced that it has joined hands with the non-profit organization supporting the development and growth of Stellar, Stellar Development Foundation. The two entities aim to make a major contribution to the development of a Central Bank Digital Currency (CBDC) for Brazil.
Mercado Bitcoin partners with Stellar Development Foundation
As per the announcement, Mercado Bitcoin is gearing up to work on one of the nine projects selected for the Financial and Technological Innovations of Brazil (LIFT) Challenge Real Digital, aiming to create a "minimum viable product (MVP)" for CBDC.Notably, LIFT is a collaborative environment introduced by the Central Bank of Brazil (Bacen) and the National Federation of Associations of Central Bank Servers (Fenasbac) to investigate CBDC use cases in Brazil.
Because of its unique combination of speed, security, efficiency, and compliance, the Stellar network is the favorite option for many entities working on CBDC projects, stablecoin issuance, and financial asset tokenization.
The CEO of Mercado Bitcoin, Reinaldo Rabelo, commented on the collaboration by stating:
"We are in a consortium of companies that have the structure and ambition to build robust solutions for the financial market through blockchain technology. Utilizing the Stellar network will allow us to deliver a complete case for evaluation by the Central Bank."Stellar Development Foundation CEO Denelle Dixon stated that the organization will assist Mercado Bitcoin in the development of a blockchain product that has the potential to transform Brazil's financial system.
Brazil regulators working on crypto
Roberto Campos Neto, Brazil's Central Bank Governor, recently displayed his expectations to launch the Real Digital in the second half of 2022. However, similar to Europe's CBDC, it will be available to a restricted audience in the first phase of its pilot program.In addition, the bill regulating the crypto market in Brazil is reportedly set to be adopted by the National Congress by the end of the second quarter of this year.
Continue reading by joining Cryptonary Pro
$799/year
Get everything you need to actively manage your portfolio and stay ahead. Ideal for investors seeking regular guidance and access to tools that help make informed decisions.
For your security, all orders are processed on a secured server.
As a Cryptonary Pro subscriber, you also get:
Success Guarantee, if we don’t outperform the market, you get 100% back, no questions asked
24/7 access to experts with 50+ years’ experience
All of our top token picks for 2025
Our latest memecoins pick with 50X potential
On hand technical analysis on any token of your choice
Weekly livestreams & ask us anything with the team
Daily insights on Macro, Mechanics, and On-chain
Curated list of top upcoming airdrops (free money)
100% Success Money Back Guarantee
If our approach doesn’t outperform the overall crypto market during your subscription, we’ll give you a full refund of your membership. No questions asked. For quarterly and monthly subscribers this is applicable once your subscription runs for 6 consecutive months.
Our track record speaks for itself
With over 2.4M tokens and widespread misinformation in crypto, we cut through the noise and consistently find winning assets.
Our track record speaks for itself
With over 2.4M tokens and widespread misinformation in crypto, we cut
through the noise and consistently find winning assets.
Frequently Asked Questions
Can I trust Cryptonary's calls?
Yes. We've consistently identified winners across multiple cycles. Bitcoin under $1,000, Ethereum under $70, Solana under $10, WIF from $0.003 to $5, PopCat from $0.004 to $2, SPX blasting past $1.70, and our latest pick has already 200X'd since June 2025. Everything is timestamped and public record.
Do I need to be an experienced trader or investor to benefit?
No. When we founded Cryptonary in 2017 the market was new to everyone. We intentionally created content that was easy to understand and actionable. That foundational principle is the crux of Cryptonary. Taking complex ideas and opportunities and presenting them in a way a 10 year old could understand.
What makes Cryptonary different from free crypto content on YouTube or Twitter?
Signal vs noise. We filter out 99.9% of garbage projects, provide data backed analysis, and have a proven track record of finding winners. Not to mention since Cryptonary's inception in 2017 we have never taken investment, sponsorship or partnership. Compare this to pretty much everyone else, no track record, and a long list of partnerships that cloud judgements.
Why is there no trial or refund policy?
We share highly sensitive, time-critical research. Once it's out, it can't be "returned." That's why membership is annual only. Crypto success takes time and commitment. If someone is not willing to invest 12 months into their future, there is no place for them at Cryptonary.
Do I get direct access to the Cryptonary team?
Yes. You will have 24/7 to the team that bought you BTC at $1,000, ETH at $70, and SOL at $10. Through our community chats, live Q&As, and member only channels, you can ask questions and interact directly with the team. Our team has over 50 years of combined experience which you can tap into every single day.
How often is content updated?
Daily. We provide real-time updates, weekly reports, emergency alerts, and live Q&As when the markets move fast. In crypto, the market moves fast, in Cryptonary, we move faster.
How does the success guarantee work?
If our approach to the market doesn’t beat the overall crypto market during your subscription, we’ll give you a full refund of your membership fee. No questions asked. For quarterly and monthly subscribers this is applicable once your subscription runs for 6 consecutive months.
Recommended from Cryptonary
