BRLA is a stablecoin designed to maintain a 1:1 peg with the Brazilian real (BRL).
This means that 1 BRLA always equals 1 Brazilian real, allowing you to send, receive, and store digital value without worrying about the volatility of other cryptocurrencies.
How does it work? 🤔
Each BRLA is backed by Brazilian reals held in regulated custody accounts.
👉 It's goal is to offer a digital version of the Brazilian real that can easily move in and out of the crypto ecosystem, keeping its value stable.
What is it for? ✅
With BRLA you can:
Deposit or withdraw funds in Brazilian reals in a quick and secure way
Send and receive digital money with a stable value.
Operate within the belo's ecosystem in your local currency, without worrying about exchange rate fluctuations.