Brl1: A New Stablecoin for the Brazilian Market
October 9, 2024
Bitso, Mercado Bitcoin, and Foxbit have joined forces to issue brl1, a stablecoin pegged to the value of the Brazilian real. The stablecoin will be issued on Ethereum and Polygon, with Cainvest providing liquidity for the BTC and ETH pairs listed on these exchanges and other markets to be developed in the future.
Crypto Consortium to Issue Brl1 Real-Pegged Stablecoin in Brazil
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