Skip to main content

What is BRAt?

Learn everything about this token you can use on belo.

Written by Armando
Updated over 2 weeks ago

BRAt is a token created by Twin Finance designed to maintain a 1:1 parity with the Brazilian real (BRL).

👉 Access the WhitePaper.

This means that 1 BRAt is equivalent to 1 Brazilian real, allowing you to send, receive, and store digital value without worrying about the volatility of other cryptocurrencies.

Twin Finance S.A.S is a legal entity duly incorporated and regulated under the laws of the Oriental Republic of Uruguay, responsible for issuing the stablecoins available through the Platform.

For more information, please visit https://www.twin.finance/.

How does it work? 🤔

Each BRAt is backed by assets that aim to maintain its equivalence with the Brazilian real, offering a digital version of the real that can move easily within and outside the crypto ecosystem.

👉 This allows you to use Brazilian reais in digital form while maintaining a stable value.

BRAt advantages 💡

BRAt combines the stability of the Brazilian real with the benefits of digital assets.

✅ Stable value: maintains a 1:1 relationship with the Brazilian real.

✅ Easy to use: you can move, send, or use your money quickly and easily within the crypto ecosystem.

✅ Security: issued tokens are backed by assets and balances designed to maintain their parity with the Brazilian real.

What can you do with BRAt on belo? 🤔

With your BRAt balance you can:

  • Send or withdraw Brazilian reais: transfer funds to local accounts quickly and easily.

  • Pay in physical or online stores: using your card or paying via QR.

  • Swap for other cryptocurrencies: convert BRAt to other crypto at any time using the Swap option.

  • Use your money within the belo ecosystem: while keeping its value linked to the Brazilian real.

You'll find more info about what you can do on your country, in this link 🔗

Did this answer your question?