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BRZ

Brazilian Digital Token

$0.1754
0.79%
Open
-
High
-
Low
-
Vol.
-
coindesk-loading-spinner
1H
24H
7D
1M
1Y
All
Market Cap. #2151
$26,324,494
Volume (24h) #3208
$6,744
Supply (Circ. / Total / Max)
- / 150M / ∞
Launch Date
2019-03-12
Built On
ETH
Token Standard
ERC20
Smart Contract Address
0x420412e765bfa6d85aaac94b4f7b708c89be2e2b
Decimal Places
4

Brazilian Digital Token Price Converter

Brazilian Digital Token

Brazilian Digital Token Information

Resources

WebsitesWebsiteWhitepaperBlog
Industries
Stablecoin
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DeFi
Communitieswww.reddit.com

Brazilian Digital Token Supported Platforms

BRZERC20ETH0x420412e765bfa6d85aaac94b4f7b708c89be2e2b2019-03-12
BRZASAALGO1128660192021-01-22
BRZSASXLMGABMA6FPH3OJXNTGWO7PROF7I5WPQUZOB4BLTBTP4FK6QV7HWISLIEO22020-09-22
BRZERC20POL0x491a4eB4f1FC3BfF8E1d2FC856a6A46663aD556f2022-01-21
BRZBEP20BNB0x71be881e9c5d4465b3fff61e89c6f3651e69b5bb2022-03-08
View all

About Brazilian Digital Token

Brazilian Digital Token (BRZ) is a stablecoin pegged 1:1 to the Brazilian real. Created by Transfero Swiss AG and Banco Rendimento, BRZ enables digital payments, while also serving as a hedge against currency volatility. It facilitates domestic and international transfers, diversifies investment portfolios, and supports decentralized finance (DeFi) activities. BRZ combines the stability of the real with the advantages of blockchain.

Brazilian Digital Token (BRZ) is a digital currency that is designed to provide stability and facilitate transactions within the Brazilian market. It operates as a stablecoin, meaning its value is pegged to the Brazilian real (BRL) and aims to maintain a 1:1 ratio with the national currency. BRZ combines the advantages of blockchain technology with the stability of the Brazilian real.

BRZ was created by a team of Brazilian fintech professionals and blockchain enthusiasts. The project was initiated by Transfero Swiss AG, a blockchain investment platform, in collaboration with its Brazilian partner, Banco Rendimento. Together, they developed BRZ to cater to the needs of individuals and businesses seeking a digital asset that represents the stability of the Brazilian real.

Brazilian Digital Token (BRZ) serves multiple purposes within the Brazilian market. It can be used as a means of digital payment, allowing users to make fast and secure transactions with reduced fees compared to traditional banking channels. BRZ provides an alternative for individuals and businesses looking to transfer funds domestically or internationally.

Furthermore, BRZ offers a hedge against currency volatility for Brazilian investors. By holding BRZ, investors can protect their wealth from the fluctuations of the Brazilian real and diversify their portfolio. Additionally, BRZ can be utilized in decentralized finance (DeFi) applications, providing liquidity and enabling various financial activities such as lending, borrowing, and yield farming.