Blockchain credit advances: Brazilian banks are already testing models inspired by DeFi

Source: PortaldoBitcoin Original Title: Blockchain-based credit advances and banks are already testing DeFi-inspired models Original Link: One of the new frontiers for the cryptocurrency market is to create credit flows for the traditional financial system through structures based on smart contracts. The topic gained prominence at the Blockchain Conference Brazil 2025, held in São Paulo.

The debate was initiated by Lucca Cantarini, a lawyer and specialist in Crypto Regulatory Compliance at Nubank, who drew attention to the potential of the technology. According to him, protocols like Aave and Compound allow institutions to take out loans and pass on credit to the end customer with significantly more advantageous interest rates and conditions.

“Banks ignored the stablecoin market, but this segment grew so large that it became impossible to overlook. The same will happen with the credit market. When values grow, banks will want to adapt these tools to their reality so they don’t miss the boat,” Cantarini said.

João Gianvecchio, digital asset manager at Banco BV, emphasized that traditional and crypto markets are increasingly likely to coexist in the credit offering, but pointed out that the blockchain sector still needs to evolve.

“The traditional market has a Basel index, regulation on leverage, and deposit and collateral balance. There are several indicators and control mechanisms to prevent a systemic breakdown. Digital companies will need to align themselves with this universe to mitigate risks,” he explained.

The same assessment was shared by Gustavo Lopes from Truther, who highlighted the need for the crypto sector to incorporate risk analysis specialists to structure more complex operations.

“Using Bitcoin as collateral to borrow USDC is relatively simple. More sophisticated operations, such as using a tokenized Rural Product Note to offer tokenized carbon credits, require a different level of structure,” he noted.

Daniel Coquieri, CEO of Liqi, reminded that large institutions are already testing models similar to DeFi protocols, but without complete decentralization. According to him, Itaú used a system inspired by Aave to structure a credit operation of R$ 80 million — and Banco BV carried out an operation of the same value.

“The use of this technology is already happening and tends to grow. This will become increasingly common,” stated Coquieri.