What is Brazilian Digital (BRZ)?
BRZ is the first stable coin backed by Brazilian Reais (BRL). It'll allow Brazilian residents to directly ramp up in international exchanges and actively trade the Brazilian currency against pairs of different classes, including Bitcoin, other stable coins, utility and security tokens. It will be a powerful tool that will allow Brazilians to move and hedge Brazilians reais internationally. BRZ is always fully backed and holders can either purchase it for 1BRL or redeem it with a discount of 1% in Brazil.
Where can you buy Brazilian Digital?
Brazilian Digital (BRZ) is traded on a wide range of centralized and decentralized exchanges. The most liquid markets for BRZ sit on tier-1 venues - the sort of exchanges where institutional desks and professional market makers rebalance continuously - which is what keeps the spread tight and the last price tied closely to fair value.
The price and 24-hour volume on this page combine the exchanges ReadPrices tracks for BRZ. Before you trade, compare the fee schedule and the order-book depth on the venue you plan to use: the same coin can cost noticeably more to buy on a thin market.