B3 Vice President of Product and Customers Luiz Masagão said today that the company is expected to launch a stablecoin in the first half of 2026 and is preparing to have a tokenized custodian connected to the traditional central custodian.
During a presentation at “B3 Day”, the executive said that the choice to have a connection with the traditional custodian is that the assets tokenized in the B3 infrastructure will be fungible with the traditional assets. “All liquidity currently existing in our central trading books can be enjoyed by those who do not yet hold the token,” he told analysts and investors.
According to him, this allows the two technologies to coexist and the market can make a smooth transition “where you can have players operating in a traditional technology model, players operating in a tokenized technology model and both benefiting from the same liquidity,” he explained.
Regarding the stablecoin, Masagão said that it is the tool that allows tokens to be exchanged, but that B3 believes that “it can be much more than that”. “With the loss of DREX, the market has this demand for one asset to liquidate the entire digital economy.”
Because it is independent, the stablecoin will be born “very well positioned,” Masagão said. “It will be a safe asset with the backing and name of B3 guaranteeing that the collateral of this stablecoin will be as well protected as all the other financial assets we have here in Brazil,” he concluded.
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