Brazil's largest bank, Itau Unibanco, plans to launch its own stablecoin. The bank has more than 55 million clients, and its head of digital assets, Guto Antunes, said interest in stablecoins has grown significantly as the U.S. government shifts its stance on cryptocurrencies. Antunes highlighted the advantages of blockchain technology in atomic transactions and hinted at the possible launch of a stablecoin pegged to the Brazilian real. At present, Itau is studying the relevant experience of other banks and waiting for the introduction of a regulatory framework for stablecoins in Brazil. On the regulatory front, Antunes recommends a balanced approach, such as developing a list of approved wallets to strengthen supervision. This move shows the growing acceptance of blockchain technology applications by traditional Financial Institution Groups.