BRL1 debuts in the market and expands liquidity for cryptoassets

The exchanges Bitso, Foxbit and Bitcoin Market (MB), next to Cainvest, international liquidity provider, announce the launch of the BRL1, a stable in paired with the real initially created to eliminate barriers in the movement of values in reais between national and international exchanges making the Brazilian market much more liquid and attractive. Developed in an unprecedented consortium between the four companies, BRL1 arrives as the most efficient and accessible way to transfer reais between crypto platforms in Brazil and abroad, offering speed, liquidity and integration between the main players in the sector.

To make integration even more fluid, consortium exchanges will list BRL1 on the BRL1/BRL pair without transaction fees, ensuring free conversions between stablecoin and real. This will allow clients to operate between exchanges without additional costs, encouraging the adoption of BRL1 as the main means of moving reals in the national crypto market.In addition, Cainvest will expand liquidity through RFQ (Request for Quote) between BRL1-USDT and BRL1-USDC, allowing direct conversion between backed stablecoins in a fast, dollar-like manner.

At launch, BRL1 will be operating on the Polygon blockchain, chosen for its scalability and low transaction costs.The network will allow stablecoin to be used efficiently for both cross-exchange transfers and applications in DeFi protocols and other crypto ecosystem solutions.

BRL1 is fully backed by Brazilian government reais and bonds, ensuring full transparency and stability for its holders.Custody and tokenization are ensured by Fireblocks, a global reference in security for digital assets, while Pinheiro Neto Advogados acts as legal advisor to the project, ensuring regulatory compliance and robust governance.

“A BRL1 is not just another stablecoin, but rather an infrastructure solution for the Brazilian market. By enabling frictionless, direct transfers between exchanges, we are creating a more efficient and integrated ecosystem for all” participants, says Fabricio Tota, VP of New Business in the Bitcoin Market.

“The creation of BRL1 is a milestone for the Brazilian crypto market, bringing more security and efficiency to transactions. In a scenario where there are still challenges and frictions between the crypto ecosystem and the traditional financial system, this stablecoin emerges as a catalyst for the integration of these two fronts. Our goal is to boost adoption and strengthen the infrastructure of the sector, contributing to a more accessible and reliable environment”, says Ricardo Dantas, Foxbit CEO.

“A BRL1 aims to build a more integrated and accessible digital asset market for Brazilians and global investors, offering a stable, secure and guaranteed liquidity digital asset, perfect for international transactions and for those seeking investments with confidence and soundNESS”, says Charles Aboulafia, CEO of Cainvest.

With an innovative profitability distribution model, BRL1 also creates new opportunities for exchanges and institutional partners.The volume issued in 2025 is expected to exceed R$ 50 million, with growth potential to R$ 100 million in the first year.

“Stablecoins are gaining more and more prominence in the current financial scenario, standing out as the most efficient alternative for international investments and payments, both for end users and for companies operating in different countries. Brazil, which is already a global reference for the advancement in crypto regulation and the massive adoption of payment technologies such as PIX, now with a strong stablecoin paired to the real and supported by the largest crypto companies in the country, reaches a new level in terms of development opportunities for our national market. We are very happy and proud to join forces to make BRL1 available to the entire ecosystem. This is an essential step to democratize access to the Country Manager and boost the crypto market.

In addition to the partnerships already announced, the BRL1 Consortium continues to negotiate with other global exchanges interested in listing stablecoin, further expanding its adoption and liquidity in the international market.“This move demonstrates that there is a real demand for an efficient stablecoin aligned with the needs of the Brazilian market”, says Aboulafia.The goal is to strengthen the presence of BRL1 in strategic platforms, facilitating its use in different jurisdictions and consolidating it as a reference among digital assets paired to the real.