what's Brazilian Digital Token?
BRZ is a stablecoin pegged 1:1 to the Brazilian Real (BRL), enabling users to access global crypto markets without volatility exposure to BRL. Issued by Transfero, it is backed by BRL reserves held in custody at a Central Bank-authorized financial institution in Brazil, with reserves and token issuance audited by independent third parties for transparency. The token is deployed on multiple blockchains including Ethereum, Polygon, Algorand, and others, allowing seamless trading on exchanges, DeFi protocols, and wallets. Users can redeem BRZ for BRL at parity via authorized channels, making it a bridge between fiat and crypto for Brazilian users and international platforms.
Dune report: Brazilian Digital Token's unique senders nearly tripled on Solana as a non-USD stablecoin.
Mentioned in a Dune Analytics report with Visa as one of the non-USD stablecoins driving adoption growth on Solana, with unique senders nearly tripling year-over-year.
BRZ achieved multi-fold growth on Base chain since September, as part of broader non-USD stablecoin expansion where on-chain supply nearly doubled on Base.
Leading Brazilian stablecoin on Polygon with $12M supply, representing 39% of total $31M market.