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5 months ago
BRL1 Stablecoin to Launch in Brazil, Backed by Reais and Bonds Coin Edition 09 Oct 2024

BRL1 Stablecoin to Launch in Brazil, Backed by Reais and Bonds

A consortium of major Brazilian crypto exchanges including Bitso, Mercado Bitcoin, Foxbit, and Cainvest aims to launch a stablecoin, BRL1, by the end of 2024. It will be backed by Brazilian reais and government bonds.

Cainvest Brazil Mercado Bitcoin Bitso Foxbit

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