The regulator’s partners are fintech startups and commercial banks.
At the same time, the Central Bank will not hinder the development of payment systems that will become an alternative to CBDC.

The Bank of Brazil wants to create conditions for competition in the financial sector, so that consumers themselves choose the most convenient tool for them to pay for goods and services.

According to the regulator, the introduction of digital real will increase the availability of banking services and reduce the cost of loans, as there will be no need to involve intermediaries.