Brazilian Digital Token

Brazilian Digital Token PriceBRZ

$0.182141
$0.001286+0.71%

Last updated:--

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Brazilian Digital Token Price Today

Current BRZ/USD real-time price is $0.182141, with a 24-hour change rate of +0.71% and a 7-day change rate of -2.22%. BRZ currently ranks #4199 globally by market cap, with a total market cap of $182.241796M, a fully diluted valuation (FDV) of $182.241796M, and a 24-hour trading volume of $201.074273K. In terms of supply, BRZ has a maximum supply of 1B, a current circulating supply of --, with 0.00% already in circulation and 100.00% remaining to be unlocked.

About Brazilian Digital Token

What is Brazilian Digital Token (BRZ)?

Brazilian Digital Token (BRZ) is a fiat-collateralized stablecoin pegged 1:1 to the Brazilian Real (BRL), issued by Transfero, a Swiss-based fintech company. BRZ launched in 2019; CoinMarketCap registry data lists a launch date of 2019-07-16 and a listing date of 2019-07-19. It began as an ERC-20 token built on top of the Ethereum blockchain. According to one research source, BRZ is deployed across eleven networks, including Ethereum, BNB Smart Chain, Solana, Polygon, Arbitrum, Avalanche, Base, Optimism, Celo, Moonbeam, and Chiliz Chain. The token is categorized as a Stablecoin, Fiat Stablecoin, and Asset-Backed Stablecoin. Its total and max supply stand at 1,000,000,000 BRZ. Transfero describes BRZ as the first stablecoin backed by the Brazilian Real, offering a bridge between traditional finance and the cryptocurrency ecosystem while enabling payments, settlements, treasury operations, remittances, and digital asset transfers.

Key Specifications & Tokenomics

  • Name: Brazilian Digital Token
  • Symbol / Ticker: BRZ
  • CoinMarketCap ID (UCID): 4139
  • Launch Date: 2019-07-16
  • Blockchain / Platform: ERC-20 token on Ethereum
  • Additional Networks: BNB Smart Chain, Solana, Polygon, Arbitrum, Avalanche, Base, Optimism, Celo, Moonbeam, Chiliz Chain
  • Contract Address (Ethereum): 0x01d33FD36ec67c6Ada32cf36b31e88EE190B1839
  • Consensus Mechanism: None of its own; BRZ is an ERC-20 token contract on Ethereum and inherits Ethereum's consensus and security
  • Category: Stablecoin, Fiat Stablecoin, Asset-Backed Stablecoin
  • Total Supply: 1,000,000,000 BRZ
  • Max Supply: 1,000,000,000 BRZ
  • Circulating Supply: Circulating supply figures vary by source; CoinMarketCap registry data lists 0 in circulation, while other trackers report different values
  • Fully Diluted Valuation: Shown on the live market page and fluctuates with price
  • Holders: Holder counts change over time and are shown on live dashboards
  • Official Website: https://transfero.com/stablecoins/brz/
  • Whitepaper: https://drive.google.com/drive/folders/1p5IJH9xi0NOFHam42rFN59-XL0JvHg4t
  • Explorer: Etherscan (Ethereum), Solscan (Solana), Arbiscan (Arbitrum)

Who created Brazilian Digital Token (BRZ)?

Public listings name Matheus Moura, Luiz Castelo Branco, Lucas Giorgio, Hector Fardin, and Leandro Noel as founders, though this has not been confirmed by the issuer. These individuals have extensive backgrounds in the field. BRZ was created by a team of Brazilian fintech professionals and blockchain enthusiasts, and the project was initiated by Transfero Swiss AG, a blockchain company. According to CryptoCompare, BRZ was created by Transfero Swiss AG together with Banco Rendimento. The issuer is Transfero, a Swiss-based fintech company also referred to as Transfero Swiss AG. The founding team combined fintech and blockchain expertise to deliver a BRL-pegged digital asset to the market.

How does Brazilian Digital Token (BRZ) work?

BRZ operates as an ERC-20 token on the Ethereum blockchain, with each token backed by Brazilian Real reserves held by independent reserve managers. Issuance is subject to third-party audits. According to Transfero, the issuance of new tokens and the underlying reserves are audited by a reputable third-party firm; the auditor's identity is disclosed through Transfero's official channels. Market agents play a crucial role in maintaining the price stability of BRZ, leveraging the reserves managed by these independent firms. The issuance of new tokens is strictly controlled and aligned with the underlying reserves to prevent discrepancies. A public instrument is used for issuing and burning tokens. According to Transfero, all reserves are held in custody at a Brazilian Central Bank-authorized financial institution, with independent third-party audits of reserve adequacy. According to the reference material, crypto transactions are verified by Parsiq. Because BRZ is deployed as token contracts on existing blockchains, it inherits their consensus and security assumptions rather than running its own consensus network. This compatibility extends to a wide range of decentralized applications (dApps), opening up possibilities for trading, lending, and other financial activities using a stable and reliable digital asset.

What makes Brazilian Digital Token (BRZ) unique and valuable?

Transfero describes BRZ as the first stablecoin backed by the Brazilian Real (BRL), offering a bridge between traditional finance and the world of cryptocurrencies. It is designed to maintain a 1:1 peg to the Brazilian Real, ensuring stability and trust for its users. The token provides stability and international liquidity to the current capital, giving Brazilians a seamless way to invest in foreign exchanges and trade using a BRL-pegged stablecoin. Its multi-chain deployment across multiple blockchain networks enhances accessibility and utility. Reserve transparency through independent managers and third-party audits reinforces credibility. BRZ is listed on multiple centralized and decentralized venues, which supports access and liquidity. BRZ is positioned as an anticipated interoperability bridge to Brazil's forthcoming DREX central bank digital currency infrastructure. Its compatibility with dApps further extends its value across the DeFi landscape.

What is Brazilian Digital Token (BRZ) used for?

BRZ enables payments, settlements, treasury operations, remittances, and digital asset transfers. It facilitates cross-border payments, DeFi applications, and digital commerce within the Brazilian financial ecosystem. Users can engage in various financial activities, from trading to lending, all while using a stable and reliable digital asset. The token is compatible with a wide range of decentralized applications (dApps). BRZ may also be available for swapping via Onchain. Conversion pairs include BRZ to AUD, BRL, CAD, EUR, GBP, HKD, RUB, SGD, TWD, and KRW. Trading pairs include BRZ/USDT on Uniswap v3 Polygon, USDC/BRZ on Aerodrome SlipStream, and BRZ/USDC on Uniswap v4 Arbitrum. The BRZ Cryptocurrency Board works with reputable Tellers around the world that buy and sell BRZ Tokens; after passing KYC/AML checks, users can purchase, transfer, and sell BRZ tokens across multiple platforms. These use cases position BRZ as a practical instrument for both individual and institutional participants in the Brazilian digital economy.

How Is the Brazilian Digital Token (BRZ) ecosystem developing?

The BRZ ecosystem is developing across multiple blockchain networks and trading venues. BRZ is listed on multiple centralized and decentralized venues, which supports access and liquidity. Centralized exchanges include NovaDAX and others, while decentralized exchanges include Uniswap v3 (Polygon), Uniswap v4 (Arbitrum), and Aerodrome SlipStream. DeFi compatibility allows BRZ to integrate with a wide range of decentralized applications, enabling trading, lending, and other financial activities. Community engagement includes a CoinMarketCap listing with a Claim Community Badge available. Transfero has integrated BRZ into the Circle Payments Network (CPN), a global settlement infrastructure connecting regulated financial institutions for stablecoin-based remittances, payments, and commercial settlement. The project continues to support payments, settlements, treasury operations, remittances, and digital asset transfers within the Brazilian financial ecosystem and beyond.

How to mine Brazilian Digital Token (BRZ)?

BRZ is not mined through proof-of-work or staking consensus. As a fiat-collateralized stablecoin, BRZ is issued and burned through a public instrument, with new token issuance strictly controlled and aligned with the underlying Brazilian Real reserves held by independent reserve managers. There is no mining or staking mechanism for BRZ. Instead, tokens enter circulation through the issuer, Transfero, in accordance with reserve backing and third-party audits. Users acquire BRZ through supported exchanges, decentralized exchanges, or conversion pairs rather than through mining. This issuance model ensures that the circulating supply remains consistent with the reserves and supports the 1:1 peg to the Brazilian Real.

How to keep your Brazilian Digital Token (BRZ) safe?

Keeping BRZ safe involves standard cryptocurrency security practices. Store BRZ in a reputable wallet that supports ERC-20 tokens and the additional networks where BRZ is deployed, including BNB Smart Chain, Solana, Polygon, Arbitrum, Avalanche, Base, Optimism, Celo, Moonbeam, and Chiliz Chain. Use hardware wallets for large holdings and enable all available security features such as two-factor authentication and withdrawal whitelists. Verify contract addresses before interacting with any token, and rely on the official explorer at etherscan.io for transaction verification. BRZ is a fiat-collateralized stablecoin and carries issuer, reserve-custody, smart-contract, and bridge risks. Always conduct your own research and treat every figure as information, not financial advice.

How to Buy and Use Brazilian Digital Token

Purchase Guide

Buy in just 4 steps (Register → Verify → Deposit/Purchase → Receive Coins)

  1. 1Register AccountUse email or phone number to quickly complete BTCC registration in under 1 minute.
  2. 2Identity VerificationComplete basic KYC verification to protect your account and assets.
  3. 3Quick TradeSupports credit cards, online banking and other quick purchase methods.
  4. 4Receive CoinsBrazilian Digital Token is instantly credited to your BTCC account, ready for trading at any time.

Related Trading

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Thank you for your interest in BTCC. Currently, spot and futures trading services for BRZ 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.

Brazilian Digital Token FAQs

What is the live price, market cap, and 24h volume of Brazilian Digital Token (BRZ)?

As of right now, the live price of Brazilian Digital Token (BRZ) is $0.182141. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated BRZ to USD rate at the top of BTCC’s price page. In terms of market scope, Brazilian Digital Token records a 24h trading volume of $201.074273K (reflecting total buying and selling activity over the last 24 hours), with a total market cap of $182.241796M. Its current circulating supply stands at -- out of a maximum supply cap of 1B.

Why does the price of Brazilian Digital Token (BRZ) fluctuate, and what drives its volatility?

The price volatility of Brazilian Digital Token (BRZ) 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 (1B), 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.

What are the all-time high (ATH) and all-time low (ATL) for Brazilian Digital Token (BRZ)?

Looking at its historical price performance, Brazilian Digital Token (BRZ) hit an all-time high (ATH) of $0.334346 on 2024-08-27 13:40, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at $0.002575 on 2024-08-27 13:35. 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.

How to read the Brazilian Digital Token (BRZ) price chart for futures trading?

When trading BRZ 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 ($201.074273K), as price breakouts accompanied by strong volume offer higher reliability.

How to profit from Brazilian Digital Token (BRZ) price drops? (Short Selling Guide)

Unlike spot trading where you can only profit from rising prices, BTCC’s BRZUSDT perpetual contracts support two-way trading. If you anticipate a price decline for Brazilian Digital Token, simply log into your BTCC account with USDT margin available, navigate to the BRZUSDT 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.

Can I trade Brazilian Digital Token (BRZ) perpetual futures with high leverage on BTCC?

Yes. BTCC offers flexible, high-tier leverage options for BRZUSDT 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.

How to practice Brazilian Digital Token (BRZ) futures trading with a free demo account?

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: $0.182141), you can practice opening/closing positions, adjusting leverage, and setting TP/SL for BRZUSDT with zero financial risk.

Step-by-step guide: How to buy and trade Brazilian Digital Token (BRZ) on BTCC?

Trading Brazilian Digital Token (BRZ) 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 BRZUSDT, and review its live price ($0.182141) 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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