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Delio Curation

Brazilian CBDC Passes Public Blockchain Pilot


The Brazilian central bank's digital currency (CBDC), a tokenized form of the digital real, has successfully completed a public blockchain pilot test, crypto media outlet reported on February 27.


The testing made use of the public Stellar blockchain and all the steps that a typical user would need to take to utilize a tokenized, on-chain version of the digital real, including traceability, know your customer, and antifraud protocols developed from a digital decentralized identity system.


In order to make these transactions compatible with Mercado Bitcoin Pay, the platform utilized by Mercado Bitcoin to execute the transactions, Clearsale and CPQD handled the digital identification chores and handled ID and fraud protection procedures.


The completed test is only one of several initiatives being carried out to evaluate how the digital real would behave in various scenarios. Being one of the nine organizations chosen by the Central Bank of Brazil to conduct these experiments as part of the unique Laboratory of Financial and Technological Innovations (LIFT) challenge released in 2022, Mercado Bitcoin is one of them.



Fee policy for withdrawal of virtual assets

The following fees are charged when withdrawing virtual assets from Delio Bank.

Virtual asset type Transmission fee (Gas fee) Withdrawal fee
Bitcoin (BTC) Charged according to network conditions 2,000 won worth of Bitcoin
Ethereum (ETH) Charged according to network conditions 2,000 won worth of Ethereum
Ripple (XRP) Charged according to network conditions 1 XRP

· There is no fee for transfers within Delio Bank.

· No withdrawal fee is charged for virtual assets other than Bitcoin, Ethereum, and Ripple.

· Please check the transfer fee for virtual assets other than Bitcoin, Ethereum, and Ripple when withdrawing.