Braza Group has just announced the launch of the new USDB stablecoin on the XRP Ledger (XRPL). $XRP
Pegged 1:1 to the US dollar, USDB is 100% backed by assets such as U.S. and Brazilian government bonds and is regularly audited.
With over 15 years in operation and currently ranking 6th in Brazil’s interbank operations according to BACEN, Braza moved USD 1.079 billion in just 24 hours this April—nearly BRL 6 billion transacted in the interbank market.
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