Engendro Velho farm in Paraná, Brazil secured a loan of nearly $20K using 10 tokenized cows as collateral, while El Salvador's Central Bank reported that crypto comprised just $35.4 million (0.7%) of the country's $5 billion remittance market during H1 2026. The Brazilian transaction utilized decentralized technology to digitize each animal's data, reducing creditor risk, while Argentina's Deregulation Minister Federico Sturzenegger prepared a bill proposing that investment funds be allowed to purchase digital assets and tokenize negotiable securities. The developments reflect Latin America's expanding integration of blockchain technology across agricultural finance, cross-border payments, and capital markets regulation.
Brazilian Farm Secures $20K Loan Using Tokenized Cows as Collateral
Engendro Velho farm in Paraná received a loan of nearly $20K using a herd of 10 cows as collateral through decentralized technology that digitized each animal's information. The farmer received the Financial Rural Product Note (CPR-F) valued at nearly $100K from BMP, a direct credit society, with the deliverables assigned to Target FIDC, a fintech company that registered the transaction using each animal's data.
The tokenization and monitoring of the cows enables farmers to secure better loan terms, as creditors can examine the herd's status at any time, lowering associated risks. Humberto Brenner, a director at Target FIDC, stated that monitoring can lead to a cow reaching up to 2.5 times the price it would command in similar non-monitored agreements. "Monitoring eliminates that uncertainty," he declared.
El Salvador Central Bank Reports Crypto Represents 0.7% of H1 2026 Remittances
Numbers issued by the Central Bank of El Salvador revealed that during H1 2026, only $35.4 million of the total external remittance volume was sent to the country using digital currency channels. The figure represents less than 1% of all funds sent to the country in 2026, which reached over $5 billion.
Cash remittances, which are handed over personally when senders travel from another country to El Salvador to visit relatives, rose to 3.8%. Crypto remittance numbers increased from $25.4 million during H1 2025 to $35.4 million in H1 2026, a rise of 39.1%. Total remittances for the period rose from $4.84 billion to $5.06 billion, an increase of $219.2 million (4.5%). Remittance companies and banks constitute the preferred channels for Salvadorans to send money home, intermediating over 84% of the volume received from abroad.
Argentina's Deregulation Bill Proposes Investment Fund Crypto Purchases and Security Tokenization
An early draft of the Deregulation Bill, prepared by Deregulation Minister Federico Sturzenegger, proposes allowing investment funds to invest in digital assets when in agreement with the fund's investment policy. This would open demand for billions in digital assets, according to early estimates.
"Today, crypto-assets are investment assets; it is a good thing to allow funds to invest in them—subject, of course, to regulations that the CNV must approve. It is not a case of just anyone going out to buy Bitcoin, nor is it just any crypto-asset," an undisclosed source told Clarin. The document approves the tokenization of all negotiable securities, including issuance, custody, transference, and sale of these assets using decentralized technologies.
FAQ
What is the value of the loan secured using tokenized cows in Brazil?
Engendro Velho farm in Paraná, Brazil received a loan of nearly $20K using 10 tokenized cows as collateral. The Financial Rural Product Note (CPR-F) associated with the transaction was valued at nearly $100K from BMP, a direct credit society.
How much of El Salvador's remittances in H1 2026 came through crypto channels?
During H1 2026, $35.4 million of El Salvador's total external remittance volume was sent using digital currency channels, representing 0.7% of the over $5 billion in total remittances received during that period, according to the Central Bank of El Salvador.
What does Argentina's Deregulation Bill propose regarding crypto investments?
The early draft of the Deregulation Bill, prepared by Minister Federico Sturzenegger, proposes allowing investment funds to invest in digital assets when in agreement with the fund's investment policy, and approves the tokenization of all negotiable securities, including issuance, custody, transference, and sale using decentralized technologies.
