Brazil: CSD BR pilots XRP Ledger as Cardano Foundation teams with Petrobras
- —CSD BR is testing XRP Ledger as a parallel registry for BTG Pactual fund units
- —Official records and settlement remain on CSD BR's traditional infrastructure
- —Cardano Foundation and Petrobras built tools for aviation fuel and Diesel R tracking
- —Access to the XRPL pilot is limited to corporate and banking clients
Why it matters: The pilots signal institutional appetite for blockchain infrastructure, but they do not yet replace legacy systems or move token prices.
Source: DiarioBitcoin