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Rank #39BRLAFiat-Backed
BRLA Digital
Pegged to
BRL
Market Cap
$8.00M
24h Volume
$200.0K
Circulating Supply
8.00M BRLA
Total Supply
8.00M BRLA
Peg Target
BRL
Collateral Type
Fiat-Backed
Issuer
BRLA Digital
Launch Date
01-06-2022
About BRLA Digital
BRLA is a Brazilian Real (BRL)-pegged stablecoin issued by BRLA Digital. Each token is backed 1:1 by Brazilian Reais held in reserve accounts. Brazil has one of the highest crypto adoption rates in Latin America, and BRLA provides a bridge for Brazilian users into the DeFi ecosystem without exposure to BRL/USD volatility. The token is available on Ethereum and Polygon and supports direct BRL deposits and withdrawals via PIX, Brazil's instant payment system.
Pros
- Serves large Brazilian crypto market
- PIX integration for instant transfers
- Direct BRL exposure on-chain
- No USD conversion needed
Cons
- Very small market cap
- Limited global relevance
- BRL currency volatility
- Minimal DeFi integration
Key Features
BRL 1:1 peg
PIX instant payment integration
Available on Ethereum and Polygon
Direct BRL on/off ramp
Brazilian regulatory framework
Low-cost cross-border transfers
Stablecoin Information
Category
Non-USD FiatCollateral Type
Fiat-BackedIssuer
BRLA Digital