The largest Brazilian real stablecoin. 1 BRZ = 1 BRL, always. Connecting individuals and businesses to the global market. 🇧🇷
Made in Rio by @transferogroup
A company paying contractors in Brazil and suppliers in the US can now run both on Tempo.
@transferogroup's BRZ stablecoin is now live on Tempo, and their platform connects it to Pix so payouts can land in Brazilian bank accounts.
Cheguei na @tempo!!
O real brasileiro está na blockchain da @stripe criada para pagamentos com stablecoins, transferências internacionais e liquidação institucional.
Liquidez real na Tempo? Só com $BRZ!
ethereum:0x01d33fd36ec67c6ada32cf36b31e88ee190b1839 is now live on @tempo 🇧🇷
The Brazilian real, on the payments-first blockchain built for stablecoin payments, cross-border transfers and institutional settlement.
Real liquidity on Tempo? Only with ethereum:0x01d33fd36ec67c6ada32cf36b31e88ee190b1839!
1/ Brazil’s election was decided Sunday, Oct 25. Traditional FX markets were closed 🇧🇷
Lula won a fourth term, and the real plunged 8% when markets reopened.
But traders on @Featherlend on @0xPolygon had already been trading the move overnight.
Here’s how frxUSD powered it🧵
Oct 30 is the deadline for crypto companies already operating in Brazil to file for Central Bank authorization.
But the rules reach a lot further than exchanges. 🧵
1/ Onchain FX is live on @base 🌍
Six local currency stablecoins trade against frxUSD on @aeroxyz with @DFB_DeFi: BRZ, CADD, tGBP, IDRX, ZARP, and AUDF.
FX trades trillions a day, almost none onchain. As demand builds on Base, these markets expand into Aero's new universe.
Before stablecoins, a Brazilian importer with an invoice due Monday did this:
Buy Bitcoin on Friday. Hold it all weekend. Hope it didn’t move.
That’s not a payments strategy. That’s a prayer with settlement risk.
The @thestablecon × @artemis report puts BRL stablecoins at $150M+ in combined supply, with $BRZ leading the market. 🇧🇷
Local currency stablecoins stopped being a demo a while ago.
1/ Frax is helping bring Brazil’s rate onchain.
@Featherlend launched @transferogroup BRZ @Morpho markets on @0xPolygon, with FX infra from @DFB_DeFi.
sfrxUSD and @etherfuse TESOURO can be used to borrow BRZ.
For the first time, the Real gets an onchain funding rate.