The Engendro Velho farm, located in the state of Paraná (Brazil), received a loan of nearly $20,000 using a herd of 10 cows as collateral, with decentralized technology used to digitize information about each cow.
The farmer received a financial agricultural bond (CPR-F) worth nearly $100,000 from BMP, a direct lending company, and the collateral assets (each cow) were transferred to Target FIDC – a fintech company that registered the transaction using data about each animal.
While such deals are not new, tokenization and monitoring of cows allow farmers to negotiate better terms, as lenders can check the herd's condition at any time, reducing the risks associated with such a loan.
Humberto Brenner, director of Target FIDC, emphasized that because of this factor, the price of a cow can reach a level 2.5 times higher than the price that would be set in similar agreements without monitoring. “Monitoring eliminates this uncertainty,” he stated.
5 Years After Bitcoin Law Adoption, Cryptocurrency Accounts for Only 0.7% of El Salvador's $5 Billion Remittance Market
Data released by the Central Bank of El Salvador showed that in the first half of 2026, only $35.4 million of the total external remittances to the country were sent through digital currency channels. This figure represents less than 1% of all funds sent to the country in 2026, the total of which exceeded $5 billion.
For comparison, the share of cash remittances, delivered in person when senders travel from another country to El Salvador to visit their relatives, grew to 3.8%. However, cryptocurrency remittance figures are significantly higher than in the first half of 2025, when their volume was $25.4 million, representing a growth of 39.1%.
The total volume of remittances during this period also grew from $4.84 billion to $5.06 billion, corresponding to an increase of $219.2 million (4.5%). Money transfer companies and banks are the preferred channels for Salvadorans sending money home, accounting for over 84% of the volume of funds coming from abroad.
Argentina Proposes Deregulation Bill to Modernize Capital Markets with Crypto and Blockchain
A preliminary deregulation bill, prepared by Minister of Deregulation Federico Sturzenegger, proposes significant changes aimed at incorporating digital assets and decentralized technologies into national financial markets, with the goal of opening new opportunities for investors interested in these assets.
Primarily, the bill proposes to allow investment funds to invest in digital assets if it aligns with the fund's investment policy. Preliminary estimates suggest this would create billions in demand for digital assets.
“Today, cryptoassets are investment assets; allowing funds to invest in them is a good thing, of course, provided they comply with regulatory requirements that the CNV must approve. It is not about just anyone going out to buy Bitcoin, and it's not about any cryptoasset whatsoever,” a source who wished to remain anonymous told Clarin.
Furthermore, the document allows for the tokenization of all negotiable securities, including the issuance, custody, transfer, and sale of these assets using decentralized technologies.
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