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Posted: 2025-05-29 19:00:29 UTC
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-05-29 19:00:57 UTC
Verified By
Rollup News
Rayls is launching its testnet in Brazil, aiming to bridge TradFi and DeFi by bringing banks onchain and unlocking liquidity for DeFi. Brazil was chosen due to its high crypto adoption and involvement in the DREX pilot. A Twitter Spaces event will celebrate 'Brasil Onchain,' and users can mint an exclusive ticket for testnet rewards.
Brazil's leadership in blockchain adoption
Bridging TradFi and DeFi with blockchain
Rayls testnet launch in Brazil
Unlocking liquidity for DeFi
Community engagement via Twitter Spaces
Regulatory requirements for banks exploring blockchain
Risks associated with blockchain adoption
Lack of infrastructure for banks to engage with blockchain
Trillions in liquidity locked outside the onchain ecosystem