Log in

Save 35% ($551) & Get a Free 1-1 Call with our Team ⏰ : 0d 2h 59m 44s

Home
Research
Analysis
Community
  1. Cryptonary
  2. Archived Posts
  3. Mercado Bitcoin partners with Stellar for CBDC development in Brazil
News

Mercado Bitcoin partners with Stellar for CBDC development in Brazil

Updated: Aug 31, 2024
Published: May 25, 2022
0
Share:

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.

Post Feature Image

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

Save 35%

$1,548 $997/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.

VisaCardImageMsCardImageCoinbaseCardImageSolanaCardImage

For your security, all orders are processed on a secured server.

As a Cryptonary Pro subscriber, you also get:

  • Value Guarantee - If cumulative documented upside does not reach 100% during your 12-month membership, you can request a full refund. Terms

  • 24/7 access to experts with 50+ years’ experience

  • All of our top token picks for 2025

  • 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)

Value Guarantee

If cumulative documented upside does not reach 100% during your 12-month membership, you can request a full refund.

Terms & Conditions apply

Star

Trusted by 300,000+ investors

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.

  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
/images/advertorial/corpcomm1.webp
/images/advertorial/corpcomm2.webp
/images/advertorial/corpcomm3.webp
/images/advertorial/corpcomm4.webp
/images/advertorial/corpcomm5.webp
/images/advertorial/corpcomm6.webp
/images/advertorial/corpcomm1.webp
/images/advertorial/corpcomm2.webp
/images/advertorial/corpcomm3.webp
/images/advertorial/corpcomm4.webp
/images/advertorial/corpcomm5.webp
/images/advertorial/corpcomm6.webp
/images/advertorial/corpcomm1.webp
/images/advertorial/corpcomm2.webp
/images/advertorial/corpcomm3.webp
/images/advertorial/corpcomm4.webp
/images/advertorial/corpcomm5.webp
/images/advertorial/corpcomm6.webp

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 Value Guarantee work?

We stand behind the value of our research. If the documented upside from our published research during your 12-month membership does not exceed the annual subscription cost, you can request a full refund. Historical context: In every completed market cycle since 2017, cumulative documented upside has exceeded 10X this threshold.

Terms
Recommended from Cryptonary
BTC, ETH and More: Key Crypto Support Levels Hold, Larger Move Approaching
PRO
Market Direction
BTC, ETH and More: Key Crypto Suppo...Markets are compressing, and pressure is building. While Ethereum delivered on the short-term upside...
11 min read
Apr 3, 2026
Market Pulse: Hot Jobs Print and Middle East Tensions
PRO
Market Pulse
Market Pulse: Hot Jobs Print and Mi...Jobs data smashed forecasts and geopolitical tensions escalate, but market reactions stay muted as G...
4 min read
Apr 3, 2026
Market Update: Trump Threats Escalate, Risk Assets Dive
PRO
Market Updates
Market Update: Trump Threats Escala...After a week of escalating rhetoric and no clear path to de-escalation, the Middle East conflict has...
7 min read
Apr 2, 2026
Market Pulse: US–Iran Ceasefire Fuels Risk Rally
Market Pulse
Market Pulse: US–Iran Ceasefire Fue...Markets surged as President Trump announced a sudden ceasefire, sending oil, DXY, and yields lower w...
4 min read
Apr 8, 2026
BTC, ETH and More: Majors Approach Key Resistance, Choppy Range Continues
PRO
Market Direction
BTC, ETH and More: Majors Approach ...Markets are compressing again. Price has rotated from support back into resistance across majors, bu...
10 min read
Apr 6, 2026
Market Update: Bitcoin Rallies but Uncertainty Remains
PRO
Market Updates
Market Update: Bitcoin Rallies but ...Over the past 24 hours, we’ve seen sharp upside on ceasefire hopes, only for those expectations to q...
8 min read
Apr 6, 2026
BTC, ETH and More: Key Crypto Support Levels Hold, Larger Move Approaching
PRO
Market Direction
BTC, ETH and More: Key Crypto Suppo...Markets are compressing, and pressure is building. While Ethereum delivered on the short-term upside...
11 min read
Apr 3, 2026
Market Pulse: Hot Jobs Print and Middle East Tensions
PRO
Market Pulse
Market Pulse: Hot Jobs Print and Mi...Jobs data smashed forecasts and geopolitical tensions escalate, but market reactions stay muted as G...
4 min read
Apr 3, 2026
Market Update: Trump Threats Escalate, Risk Assets Dive
PRO
Market Updates
Market Update: Trump Threats Escala...After a week of escalating rhetoric and no clear path to de-escalation, the Middle East conflict has...
7 min read
Apr 2, 2026
Market Pulse: US–Iran Ceasefire Fuels Risk Rally
Market Pulse
Market Pulse: US–Iran Ceasefire Fue...Markets surged as President Trump announced a sudden ceasefire, sending oil, DXY, and yields lower w...
4 min read
Apr 8, 2026
BTC, ETH and More: Majors Approach Key Resistance, Choppy Range Continues
PRO
Market Direction
BTC, ETH and More: Majors Approach ...Markets are compressing again. Price has rotated from support back into resistance across majors, bu...
10 min read
Apr 6, 2026
Market Update: Bitcoin Rallies but Uncertainty Remains
PRO
Market Updates
Market Update: Bitcoin Rallies but ...Over the past 24 hours, we’ve seen sharp upside on ceasefire hopes, only for those expectations to q...
8 min read
Apr 6, 2026
BTC, ETH and More: Key Crypto Support Levels Hold, Larger Move Approaching
PRO
Market Direction
BTC, ETH and More: Key Crypto Suppo...Markets are compressing, and pressure is building. While Ethereum delivered on the short-term upside...
11 min read
Apr 3, 2026
Market Pulse: Hot Jobs Print and Middle East Tensions
PRO
Market Pulse
Market Pulse: Hot Jobs Print and Mi...Jobs data smashed forecasts and geopolitical tensions escalate, but market reactions stay muted as G...
4 min read
Apr 3, 2026
Market Update: Trump Threats Escalate, Risk Assets Dive
PRO
Market Updates
Market Update: Trump Threats Escala...After a week of escalating rhetoric and no clear path to de-escalation, the Middle East conflict has...
7 min read
Apr 2, 2026
Research
Top PicksDeep DivesPassive IncomeAirdrop ReportsMemecoins
Analysis
Market UpdatesMarket DirectionMarket PulseLivestreams
Tools
Market DirectionAssets & PicksAirdropsPortfolio Tracker
Cryptonary
Affiliate programEducationPrivacy PolicyTerms & ConditionsContact UsWrite for usTeam
Stay connected
Disclaimer: The information provided on this website is for educational and informational purposes only and does not constitute financial, investment, legal, or tax advice. Cryptonary is not a licensed financial advisor. All content is shared without any guarantee of accuracy or completeness. You are solely responsible for your investment decisions. Always do your own research and consult with a licensed professional before making financial choices. Past performance is not indicative of future results.

×
popupimage
Our Latest Utility Token Research ReportPreviously locked for Pro members, now available to read in full.
  • tickThe utility token we're tracking closely
  • tickWhy we believe it's still early in the cycle
  • tickWhat we're watching to confirm a structural shift
​
Germany

No spam. No hype. Just the research.