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XRP Ledger Welcomes BBRL: Braza Bank’s New Brazilian Real Stablecoin

  • Braza Group has launched the BBRL stablecoin, pegged to the Brazilian Real, on the XRP Ledger.
  • BBRL aims to provide secure and efficient digital transaction solutions in Brazil and South America, with a goal to capture 30% of Brazil's digital market by 2025.
  • Developed with high security standards, BBRL combines the stability of the Brazilian real estate with the advantages of blockchain technology.
  • Braza Group is also involved in DREX, a project initiated by Brazil's Central Bank, and sees potential for BBRL to explore new use cases in the public blockchain space.

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