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Transfero launches the Brazilian Digital Token (BRZ), the first stablecoin pegged 1:1 to the Brazilian Real, based on earliest market data.

Transfero, the company responsible for issuing the BRZ stablecoin, is founded by Thiago Cesar, Carlos Silva, and Safiri Felix.

BRZ undergoes significant expansion, deploying on major blockchains including Solana, Polygon, BSC, and Avalanche, which increased its accessibility in the DeFi ecosystem.