Former director of Brazil's central bank, Tony Volpon, has announced the launch of the stablecoin BRD. This token is pegged to the Brazilian Real, backed by Brazilian National Treasury bonds, and offers holders exposure to Brazil's local interest rates, which currently stand at 15%. Volpon stated that BRD aims to provide overseas investors with a more convenient way to participate in Brazil's high-interest-rate market. It could potentially expand the investor base, increase demand for Brazilian Treasury bonds, and lower government financing costs. (CoinDesk) https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=54732