Brazil Uses Tokenized Dairy Cows as Collateral to Expand Farm Lending - AllTheNews.today

Brazil Uses Tokenized Dairy Cows as Collateral to Expand Farm Lending

Brazilian farmers are using tokenized dairy cows as collateral for loans as access to agricultural credit becomes more difficult. In a pilot project in the southern state of Paraná, a farmer used 10 tokenized Holstein cows to back a 100,000-real ($20,000) loan. The transaction marked the first time livestock-backed collateral was registered on B3, Brazil’s […] Read The Full Article Brazil Uses Tokenized Dairy Cows as Collateral to Expand Farm Lending On Coin Edition.
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