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The Nexus
BUSINESSJul 29 · 08:24 UTCTHE RIO TIMESArkady Petrov

Brazil’s Digital Receivables Open a US$2 Trillion Market

Brazil’s digital trade receivables, known as 'duplicata escritural,' are fully digital instruments linked to electronic tax invoices and registered in a central system authorized by Brazil's Central Bank. The annual market for these receivables is estimated at R$10–11 trillion, but only a small fraction is currently utilized formally.

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