According to Foresight News, Bitcoin.com reported that Bitso, Mercado Bitcoin and Foxbit have jointly issued a stablecoin brl1 pegged to the value of the Brazilian real. The stablecoin will be issued on Ethereum and Polygon, and Cainvest will provide liquidity for BTC and ETH pairs on these exchanges and other markets developed in the future.
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Brazilian crypto giants team up to launch stablecoin pegged to the real
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