Crown BRLV
BRLV is a non-rebasing Brazilian real stablecoin backed by Brazilian government bonds at a ratio of 1 to 1 in full, deployed on Base. It is intended for payments, decentralized finance integration, and institutional treasury management. Unlike rebasing stablecoins,BRLV maintains a fixed token supply relative to deposits, making it natively compatible with automated market makers, lending protocols, and standard ERC-20 integrations. The underlying yield generated by government bond reserves accrues separately at the collateral layer (BRLY) and this surplus can be redeemed through a “reward claim” mechanism in BRLV. Reward amounts are calculated off-chain, and currently only major holders can claim rewards. This is necessary because, in BraAll, all reserves are placed in a bankruptcy-remote structure under Brazil's fiduciary assignment law, legally protecting token holders' claims.
Overview
BRLV is a non-rebasing Brazilian real stablecoin backed by Brazilian government bonds at a ratio of 1 to 1 in full, deployed on Base. It is intended for payments, decentralized finance integration, and institutional treasury management. Unlike rebasing stablecoins,BRLV maintains a fixed token supply relative to deposits, making it natively compatible with automated market makers, lending protocols, and standard ERC-20 integrations. The underlying yield generated by government bond reserves accrues separately at the collateral layer (BRLY) and this surplus can be redeemed through a “reward claim” mechanism in BRLV. Reward amounts are calculated off-chain, and currently only major holders can claim rewards. This is necessary because, in BraAll, all reserves are placed in a bankruptcy-remote structure under Brazil's fiduciary assignment law, legally protecting token holders' claims.
- Sector
- # Stablecoins
Team
Team information has not been disclosed.
Funding history
0 disclosed roundsNo disclosed funding records.
Related news
Market updates
No related market updates.
People updates
No related people updates.