BRL1

A digital, on-chain Brazilian real is now a reality: meet BRL1

BRL1 is more than a stablecoin—it's your direct gateway to Brazilian liquidity. Fully backed and pegged 1:1 to the Brazilian real, BRL1 combines the credibility of regulated fiat reserves with the speed, transparency, and efficiency of blockchain settlement. Whether you are a global business, DeFi developer, or financial service provider, BRL1 is the ideal way to access the Brazilian market with speed and transparency.

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A real solution with real benefits

Stable and transparent

Stable and transparent

BRL1 is 1:1 backed by Brazilian assets in regulated accounts, with monthly attestations published for full transparency.

Instant 24/7 access

Instant 24/7 access

Move BRL instantly on-chain, bypassing banking delays. Mint via PIX and redeem back to BRL seamlessly.

Deep liquidity and trading

Deep liquidity and trading

Access robust markets with institutional-grade RFQ trading for tight spreads and high liquidity.

Global access, lower costs

Global access, lower costs

Pay partners in Brazil instantly, eliminating traditional FX fees and complex international routes.

API-first and automate

API-first and automate

Automate minting, redeeming, and monitoring via comprehensive APIs for scalable workflows.

Interoperable and secure

Interoperable and secure

Built on Polygon (with plans to expand to more chains) and secured by audited smart contracts and a strong governance council.

How BRL1 works, step by step

01

Company onboarding

Sign a partner agreement and complete a quick KYC/KYB to get whitelisted.

02

Issuance (on-ramp)

Deposit Brazilian reais (BRL) via PIX; BRL1 tokens are minted and sent to your wallet.

03

Trading and liquidity

Request quotes for BRL1 trading pairs via RFQ, with institutional providers ensuring expanded on-chain liquidity.

04

Burning (off-ramp)

Send BRL1 tokens to the burn address - the tokens are automatically burned and the equivalent amount in BRL is deposited into your bank account.

05

Reserve management and audits

All BRL1 tokens in circulation are fully backed by fiat reserves in segregated accounts, verified through monthly attestations.

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What can you use BRL1 for?

Payments and remittances

Instant global and domestic transfers via PIX.

Real backing, real peace of mind.

BRL1 ensures regulatory alignment through strict KYC/AML compliance and is built to follow forthcoming standards from the Central Bank of Brazil. Its governance model and audited smart contracts provide transparent oversight and robust security. Full backing is guaranteed with monthly attestations of segregated reserves, protected by institutional-grade safeguards for both fiat and digital assets.

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Supported networks for BRL1

BRL1 is more than a stablecoin—it's your direct gateway to Brazilian liquidity. Fully backed and pegged 1:1 to the Brazilian real, BRL1 combines the credibility of regulated fiat reserves with the speed, transparency, and efficiency of blockchain settlement. Whether you are a global business, DeFi developer, or financial service provider, BRL1 is the ideal way to access the Brazilian market with speed and transparency.

Get ready to experience the efficiency of the Brazilian real on-chain. Start operating with BRL1 at Bitso Business today.