Powering Brazil’s Financial Innovation: BRLA Stablecoin is Coming to Moonbeam (with incentives!)

StellaSwap
2 min readJul 17, 2024

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We’re excited to welcome a groundbreaking initiative that aims to spearhead the transformation of Brazil’s financial infrastructure with BRLA (Brazilian Real) stablecoin!

Brazilian Real Stablecoin

BRLA is the only audited stablecoin pegged to the Brazilian Real, and is the brainchild of BRLA Digital, which aims to disrupt the cross-border payment space of Brazil.

Bridging the gap between conventional financial services and the growing traction of digital currency technology, BRLA is focused on streamlining business-to-business (B2B) transactions, offering businesses a stable and efficient means of conducting transactions.

Powering DeFi Adoption with BRLA: Picnic

Picnic is a simple user application that allows users to build, manage and discover crypto portfolios in a single click. Picnic is leveraging on BRLA to provide seamless and cost-effective ramping solutions for their users.

BRLA Coming to Moonbeam: Incentives Included!

BRLA stablecoin is set to land on the shores of Moonbeam in the next few days, with GLMR incentives! It will be the first non-USD stablecoin on Moonbeam, and we’re excited to support the launch of native BRLA to foster strong B2B adoption right here on Polkadot.

Do follow us on X to stay updated for more information!

About StellaSwap

StellaSwap is a hybrid DEX that features a standard, stable and concentrated liquidity AMM to facilitate the most optimal price discovery for assets on Moonbeam. As the largest DEX and an integrated DeFi gateway, users can access the ecosystem with ease through our native bridge, swap-for-gas feature, as well as various DeFi opportunities in a click of a button.

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StellaSwap

StellaSwap.com, Leading Moonbeam DEX and DeFi gateway on Moonbeam. Swap, earn & stake effortlessly from a single unified platform.