São Paulo Pilots Blockchain Microloans for Farmers

The Brazilian city of São Paulo is launching a pilot program to provide microloans to small farmers using blockchain technology. The initiative, driven by the city government and fintech company Tanssi, aims to offer loans of up to R$15,000 through an app and payment terminals, with the pilot expected to launch in December 2025. This project utilizes a private blockchain platform to mitigate volatility concerns while promoting financial inclusion and risk management for small-scale farmers.