Introducing Drex: Brazil's CBDC receives Its distinct identity

posted  8 Aug 2023
Photo - Introducing Drex: Brazil's CBDC receives Its distinct identity
Brazil's Central Bank has officially christened its digital currency as 'Drex', moving away from its previous moniker, the digital real.

The visual identity of Drex has also been released, featuring two arrows, with one integrated into the uppercase 'D', illustrating the transition of Brazil's conventional fiat currency to its digitalized form.

Does the green hue symbolize perpetual growth?