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Brazilian Digital Token
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.