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View ChartBRL1 is a stablecoin pegged 1:1 to the Brazilian Real (BRL), meaning each BRL1 token is designed to maintain a value equal to one Brazilian Real. It positions itself as "the living infrastructure bringing the Brazilian Real to life in the digital economy," combining institutional-level security, total transparency, and continuous liquidity for both Brazilian and global markets. The token was launched on the Polygon blockchain, chosen for its scalability and low transaction costs, and follows the ERC-20 token standard. BRL1 is also listed on Ethereum. Its total supply stands at approximately 13.68 million BRL1. BRL1 launched on February 13, 2025, and made its public market debut on March 11, 2025. BRL1 is issued by BRL1 and offered through MB | Mercado Bitcoin, with development supported by a consortium of Bitso, Foxbit, Mercado Bitcoin, and Cainvest.
BRL1 is developed and supported by a consortium of leading institutions in the crypto and financial markets. The consortium was announced on October 7, 2024, by Bitso, Foxbit, Mercado Bitcoin (MB), and Cainvest. Mercado Bitcoin is described as the oldest crypto exchange in Latin America. Foxbit is a 360-degree crypto solutions ecosystem and a key player in Brazil's crypto infrastructure. Bitso is a leader in Latin American cross-border payments. Cainvest is a major institutional financial services and liquidity provider. Thomaz Teixeira is CEO of BRL1 Network; Maria Eugenia Cauduro Cruz is also listed on the BRL1 Network LinkedIn page as a CEO, professor, and author. The company is based in Sao Paulo, Brazil, and was founded in 2024.
BRL1 operates as a fully backed stablecoin, pegged 1:1 to the Brazilian Real. Each token is backed by reserves of Brazilian government bonds held in financial institutions, with regular external certificates and monthly attestations published for transparency. The token runs on the Polygon blockchain as an ERC-20 asset, enabling fast and low-cost transactions. BRL1 is designed to be interoperable with blockchains and financial systems, including PIX, and with DREX, the Brazilian CBDC, once it becomes available. Emission and burning of BRL1 are available only for qualified institutional clients, with API and web-based integration options for managing liquidity. The project ensures regulatory alignment through strict KYC/AML compliance and is built to follow forthcoming standards from the Central Bank of Brazil. According to BRL1's disclosures, account segregation is structured to be bankruptcy remote, and the regulatory framework referenced is the Brazilian Virtual Assets Law and the Banco Central do Brasil.
According to BRL1's own announcements, it is described as one of the first stablecoins backed by Brazilian government bonds. It combines institutional-level security with total transparency through regular external certificates and monthly attestations. The project is designed to reduce friction in cross-border payments involving the Brazilian market and provides a digital asset pegged to the Real that boosts liquidity, trading, and payments in both domestic and global economies. BRL1 joined Capa's onchain FX infrastructure, as announced in a Polygon blog post on May 27, 2026. This allows the digital real to move across borders without touching dollars. BRL1 is also positioned as a market infrastructure solution, enabling secure, transparent, and frictionless transactions between platforms in the Brazilian on-chain economy. With zero management, performance, subscription, and redemption fees, it offers a cost-efficient gateway to Brazilian liquidity.
BRL1 serves multiple purposes within the Brazilian and global digital asset ecosystem. It is used as a stable medium of exchange and store of value pegged to the Brazilian Real, enabling seamless liquidity flows between exchanges and reducing reliance on foreign currency conversions. It facilitates cross-border payments involving the Brazilian market, extending the efficiency of payment systems. BRL1 is designed for DeFi and real-world payments, interoperable with blockchains and financial systems including PIX and DREX. It also functions as a market infrastructure solution for secure, transparent transactions between platforms in Brazil's on-chain economy. BRL1 conversion pairs listed on market trackers include AUD, BRL, CAD, EUR, GBP, HKD, RUB, SGD, TWD, and KRW. The token is available on major crypto exchanges and DeFi platforms.
The BRL1 ecosystem is expanding through strategic integrations and partnerships. BRL1 joined Capa's onchain FX infrastructure, as announced in a Polygon blog post on May 27, 2026. The project is supported by major exchanges, market makers, and financial institutions. BRL1 is available on major crypto exchanges and DeFi platforms, including Mercado Bitcoin, Bitso, Foxbit, Kraken, and OKX. The consortium behind BRL1 continues to promote regional collaboration and transparency, with CEO Thomaz Teixeira participating in industry events such as TokenNation and the Stablecoin Conference 2025. The project also produces educational content through "Stable Talks powered by Bitso Business," featuring discussions on BRL1, Drex, and the future of Brazil's digital Real. BRL1 ensures regulatory alignment through strict KYC/AML compliance and is built to follow forthcoming standards from the Central Bank of Brazil.
BRL1 is not mined through traditional proof-of-work or proof-of-stake mechanisms. As a stablecoin, it is issued and redeemed through a controlled process. Emission and burning of BRL1 are available only for qualified institutional clients, who can integrate and manage their liquidity through API and web-based solutions. The token is backed 1:1 by Brazilian government bonds held in financial institutions, and its supply is managed to maintain the peg to the Brazilian Real. There is no mining or staking mechanism for BRL1. Institutional clients can subscribe and redeem daily, with a minimum investment and redemption amount of 1 BRL. Subscriptions are processed daily through BR Banking, with settlement of up to two hours; redemptions are also processed daily.
Keeping BRL1 safe requires following standard cryptocurrency security practices. Since BRL1 is an ERC-20 token on the Polygon network, it can be stored in compatible wallets that support Polygon-based assets. Users should use reputable hardware wallets for long-term storage and ensure their private keys or seed phrases are kept offline and never shared. For institutional clients, BRL1 is custodied by Fireblocks, a global leader in digital asset security, providing an additional layer of protection. Users should verify contract addresses before interacting with any token and be cautious of phishing attempts. Enabling two-factor authentication on exchange accounts and using verified platforms for trading and storage are recommended. Regular monitoring of account activity and keeping software up to date further enhance security.
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Thank you for your interest in BTCC. Currently, spot and futures trading services for BRL1 are not supported. As a leading digital asset platform, BTCC is committed to providing a secure and stable trading environment. We recommend completing your account registration and identity verification (KYC) to explore other premium assets and exclusive benefits available on BTCC.
As of right now, the live price of BRL1 (BRL1) is $0.175636. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated BRL1 to USD rate at the top of BTCC’s price page. In terms of market scope, BRL1 records a 24h trading volume of $921.73696K (reflecting total buying and selling activity over the last 24 hours), with a total market cap of $2.404916M. Its current circulating supply stands at -- out of a maximum supply cap of ∞.
The price volatility of BRL1 (BRL1) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (--) to max supply (∞), as well as token unlocks and burn mechanisms; 3) Fundamental developments, such as ecosystem expansion, on-chain activity, and core protocol upgrades; and 4) Derivatives market dynamics, including leverage battles and liquidation cascades in perpetual contracts.
Looking at its historical price performance, BRL1 (BRL1) hit an all-time high (ATH) of $0.204737 on 2026-05-12 08:40, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at $0.172652 on 2025-05-23 11:55. Note that historical highs and lows reflect past performance only and do not guarantee future price trends; investment decisions should always align with live market conditions and your personal risk tolerance.
When trading BRL1 futures on BTCC, technical chart analysis begins with identifying key support and resistance levels on 1D and 4H charts using historical price pivots. Next, apply MA/EMA indicators to gauge trend directions, alongside RSI (values above 70 indicate overbought conditions, while below 30 suggest oversold levels). Always validate breakout signals with the 24h trading volume ($921.73696K), as price breakouts accompanied by strong volume offer higher reliability.
Unlike spot trading where you can only profit from rising prices, BTCC’s BRL1USDT perpetual contracts support two-way trading. If you anticipate a price decline for BRL1, simply log into your BTCC account with USDT margin available, navigate to the BRL1USDT pair, set your desired leverage and Take-Profit/Stop-Loss levels, and click "Sell/Short". Once the price drops to your target, close your position to lock in profit from the price difference.
Yes. BTCC offers flexible, high-tier leverage options for BRL1USDT perpetual futures, providing up to 500x leverage (maximum leverage limits may vary depending on liquidity). While leverage boosts capital efficiency by allowing you to control larger position sizes with less margin, it also amplifies liquidation risks proportionately. BTCC strongly advises using Stop-Loss orders to strictly manage risk when trading with high leverage.
Beginners and traders testing new strategies can switch to BTCC's "Demo Trading" mode with a single click on the App or Web interface. The demo account comes pre-loaded with risk-free virtual funds (such as 100,000 USDT). Powered by live market prices (current price: $0.175636), you can practice opening/closing positions, adjusting leverage, and setting TP/SL for BRL1USDT with zero financial risk.
Trading BRL1 (BRL1) on BTCC requires just 4 simple steps: 1) Register a BTCC account and complete basic Identity Verification (KYC); 2) Buy USDT using fiat via credit card/express payment, or deposit USDT/BTC directly from an external wallet; 3) Navigate to the Futures section, search for BRL1USDT, and review its live price ($0.175636) and chart; 4) Select your margin mode and leverage, choose "Buy/Long" or "Sell/Short" based on your market outlook, set TP/SL orders, and confirm your trade.
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