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Stock impact report

Ex-Brazil Central Bank Official Tony Volpon Unveils Yield-Sharing Stablecoin [Yahoo! Finance]

Nomura Holdings Inc ADR American Depositary Shares (NMR) 
US:NYSE Investor Relations: nomuraholdings.com/investor
Company Research Source: Yahoo! Finance
The product enters a market where Brazil's benchmark Selic interest rate stands at 15%, the highest level since July 2006. Volpon's company CF Inovação will issue BRD, targeting large financial institutions seeking access to Brazil's high-yield government debt through a digital token structure. The announcement came during the “Cripto na Real” program on Jan. 6. Official product documentation has not yet been released. Volpon served as Deputy Governor for International Affairs at Brazil's Central Bank from 2015 to 2016, where he participated in COPOM, the monetary policy committee that sets the Selic rate. He spent more than 30 years in financial markets and held managing director positions at UBS and Nomura Securities. He founded CF Inovação with José Carneiro in 2023, initially focusing on real estate tokenization. The global stablecoin market has reached $299.15 billion in total capitalization, with monthly transfer volume of $6.86 trillion, according to RWA.xyz. Brazi Show less Read more
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