Brazil’s central bank will incorporate transaction data from its digital currency, Drex, into its interest rate decisions. Henrique Videira, executive at the central bank, announced this new approach at the Token Nation conference in São Paulo on June 4. Drex’s distributed ledger system tracks every payment and asset transfer, generating timestamped structured entries that provide real-time insights into consumption trends, liquidity distribution, and industry performance. This data will be integrated into a policy dashboard showcasing merchant category spending, collateral movements, and regional trade volumes after undergoing internal desensitization. Videira assured the public that only hashed personal identifiers are stored on Drex, and decision-making authority remains with the monetary committee. The pilot program for Drex commenced in March 2025, with sixteen institutions testing tokenized government bonds and deposit tokens. Full implementation is contingent upon congressional approval of a proposal submitted last month.