Brazilian Real(WBRL)
Market Cap$567,594
Price$0.19
Total Circulating2.94m
Stablecoin Information
Brazilian Real stablecoin.
Category:fiat-backed
Minting and Redemption
Issued by Ripio with a 1:1 peg to the Brazilian real. Each wBRL is backed by liquid instruments denominated in BRL held in Brazilian bank accounts, with reserves periodically attested by local public accountants. Users mint and redeem by on/off-ramping BRL through Ripio's platform.
Audits:No
Stablecoins Usage by Chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0 | 2.08m | |||||
| 0 | 431,600 | |||||
| 0 | 286,194 | |||||
| 0 | 55,432 | |||||
| 0 | 45,435 | |||||
| 0 | 33,000 |