ChainCatcher news, according to Cointelegraph, Brazil is integrating decentralized finance (DeFi) into its ongoing experiments to develop a "synthetic" central bank digital currency (CBDC) called Drex, which was previously known as the digital Brazilian real.On October 3, Brazilian Central Bank President Roberto Campos Neto emphasized the country's need for a multidimensional CBDC, which aims to address the "trilemma" of decentralization, privacy, and programmability—challenges that traditional markets face when trying to solve these issues simultaneously.