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Home News Blockchain

Chainlink Partners with Plexos Institute and EDinheiro to Power Blockchain-Based Social Currencies in Brazil

30 July 2025
in Blockchain, News
Reading Time: 3 mins read
102 6
source: chain.link

source: chain.link

Chainlink, Plexos Institute, and EDinheiro have formed a strategic partnership to launch a blockchain-driven initiative aimed at boosting financial inclusion in Brazil through the introduction of digital social currencies.

The pilot program will begin in Indiaroba, Sergipe, with the rollout of the “Aratu” currency, benefiting a community of 18,000 residents—many of whom are marisqueiras, women who sustain the local economy through traditional shellfish harvesting.

This initiative establishes a scalable model for blockchain-based public infrastructure, allowing community banks and local governments to issue social currencies that streamline municipal aid distribution, strengthen local economies, and expand financial access for underserved populations.

Chainlink, Plexos Institute, and EDinheiro have partnered to democratize financial access for underserved communities in Brazil by launching blockchain-based social currencies.https://t.co/uWGkyCvMhw

Issued locally by Brazilian municipal community banks, these social… pic.twitter.com/YjLIH3i06l

— Chainlink (@chainlink) July 29, 2025

The project is powered by the Chainlink Runtime Environment (CRE), a platform designed to securely bridge public blockchains, private ledgers, and traditional financial systems. By integrating Chainlink’s infrastructure, the program will enable automated community reporting, transparent auditing, and compliance with Brazil’s General Data Protection Law (LGPD).

“Adopting the Chainlink standard while evolving EDinheiro’s platform to blockchain is a decisive step toward transparency and sustainable impact,”

said Camila Rioja, President of Plexos Institute. João Joaquim, Coordinator at EDinheiro, added that this collaboration showcases

“how technology can strengthen people and the solidarity economy.”

The initiative is also tied to Brazil’s national blockchain strategy through its alignment with the Blockchain Brazil Network (RBB), a public digital infrastructure backed by the Federal Court of Accounts (TCU) and the National Development Bank (BNDES).

Thomas Trepanier, Head of Business Development for LATAM & Canada at Chainlink Labs, highlighted the broader implications:

“By delivering critical infrastructure for digital money, Chainlink is helping create a transparent and inclusive financial system for communities across Brazil.”

Meanwhile, in a separate economic development, Brazilian officials have acknowledged significant challenges in trade negotiations with the United States, citing unresolved policy differences that could delay progress toward a new trade agreement. The Brazilian government highlighted several areas of disagreement with its US counterparts, notably on agriculture, environmental regulations, and digital trade standards. 

 

If you want to read more news articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.

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Tags: ChainlinkEDinheiroPlexos Institute
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Jewel Buddy

Jewel Buddy

Buddy Jewel is a finance writer specializing in cryptocurrency news. With a keen eye on the latest developments in the digital asset space, I provides insightful and timely updates on the ever-evolving world of crypto.

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