The Brazilian central bank plans to use CBDC data to guide interest rate decisions

According to Cryptoslate, Henrique Videira, a senior executive of the Brazilian central bank, stated at the Token Nation conference in S ã o Paulo on June 4th that the trading data of the central bank's digital currency Drex will be used as a direct input indicator for interest rate decisions. Each payment and asset transfer recorded in the Drex distributed ledger generates a timestamp structured entry, and the central bank can monitor consumption changes, liquidity distribution, and industry performance in real time through aggregated data. After internal desensitization, this data will be merged with the wholesale settlement flow to form a policy dashboard that tracks merchant category expenditures, collateral flows, and regional trade volumes. Videira emphasized that Drex only stores hashed personal identifiers, and policy decision-making still belongs to the Monetary Committee. Drex pilot has been launched in March 2025, and 16 institutions are testing token treasury bond and deposit tokens. The comprehensive promotion requires approval from Congress for the proposal submitted last month.