๐ข BRL1 Has Arrived: Now You Can Have the Stability of the Real... on the Blockchain! ๐๐ง๐ท
Guess what, Brazil: they created a stablecoin pegged to the real and backed by... Brazilian Government bonds! Because if thereโs one thing that inspires trust and stability, itโs the real โ the same one that loses purchasing power every time the president sneezes. LOL
๐น BRL1, the stablecoin that doesn't know if it's Web3 or SELIC 13%
It is the result of the union of the crypto giants Mercado Bitcoin, Bitso, Foxbit, and the international Cainvest. The promise? To eliminate friction between exchanges, facilitate the transfer of reais, bring liquidity, and โ of course โ put the real on the blockchain as if it were a disruptive innovation.
๐น Backed by government bonds
Yes, friends. If the National Treasury shakes, your BRL1 will also wobble. But don't worry, thereโs governance, thereโs Fireblocks, thereโs a lawyer with a nice name (lol). In other words: trust! Or almost.
๐น On Polygon, of course!
Because paying fees on Ethereum is so 2021. And if it's to launch a national stablecoin, let it be on a cheap, fast network, and... well, that Brazilians donโt use that much, but marketing will appreciate it.
๐น BRL1/BRL pair with no fees
Finally, you can exchange your real for a digital real... without paying for it! Now thatโs a financial revolution. Because nothing says "future of the economy" like converting real into... real.
๐น Guaranteed liquidity (via RFQ, of course)
You can exchange BRL1 for USDT or
$USDC , but only if you ask for it nicely (and liquidity on the other side). Itโs almost DeFi, just with intermediaries โ shhh, donโt tell anyone.
๐ Conclusion?
If youโve always dreamed of holding digital real on the blockchain, your moment has arrived. And if inflation hits? Relax, itโs backed by the same government that prints the original. ๐คก
๐ง Now, indeed: Digital Real, just semi-tokenized, with Web3 marketing and no Copom.
So, are you going to mint your first real with a taste of crypto? ๐๐ธ
#brl1 #CriptoBR #tomint