Mercado Bitcoin and Stellar successfully tested a Brazilian CBDC on public blockchain, demonstrating delivery versus payment transactions with digital real. The pilot was part of Brazil's Central Bank LIFT Challenge to explore digital real use cases.
Mercado Bitcoin and Stellar blockchain jointly conducted a pilot test of Brazil's digital real CBDC on public blockchain, simulating delivery versus payment transactions where assets and money exchange simultaneously. The test was part of the Central Bank's LIFT Challenge, which explores potential use cases for the digital real across nine consortia. Mercado Bitcoin's Fulvio Xavier stated the goal was to prove that digital asset transactions using a real representation on public networks are possible, viable, and safe. The pilot demonstrates the Central Bank's interest in understanding how transactions function when they leave its direct control, positioning public blockchains as viable infrastructure for CBDC operations.