BRL1 is a real-referenced stablecoin associated with Mercado Bitcoin, Bitso, Foxbit and Cainvest.
Reviewed · Sources (1)
How it works
The project describes a 1:1 real reference backed by government securities held at financial institutions, and links to reserve attestations and contract audits.
Backing
The project says Brazilian government securities held at financial institutions back the token.
What the project says
BRL1 describes a 1:1 real reference and institutional settlement use.
The project
History
BRL1 was introduced as a real-linked token for payments and digital markets.
People and issuer
The project identifies Mercado Bitcoin, Bitso, Foxbit and Cainvest as participants.
Access and redemption
The project identifies exchanges and partners as access points. Redemption and trading depend on the chosen provider's onboarding, terms and liquidity.
Transparency
The project links reserve attestations and smart-contract audits; check each report’s scope and date.
What to check
- Polygon and the Rayls bridge are distinct environments; verify the token and route.
- Exchange order-book depth and available sides vary.
Contract observations (1)
Discovery records. Confirm the current issuer address and migration status before use.
0x5c067c80c00ecd2345b05e83a3e758ef799c40b5Explorer ↗Sources (1)
Primary project, issuer, protocol, auditor or official material was reviewed for the described claims; this is not independent verification of all claims or current market access.