Welcome to the transparency page of the $BRLA Token, a stablecoin pegged to the Brazilian Real (Brazil's official fiat currency), issued and managed by BRLA Digital.
On this page, we provide regular monthly transparency reports. These reports assure users that the reserves backing the $BRLA Token consistently exceed its total circulating supply, ensuring its stability and a guaranteed 1:1 redemption rate with the Brazilian Real.
The $BRLA Token stands out as the most reliable descentralized liquidation instrument on the blockchain for transactions involving the Brazilian Real. This is primarily due to its rigorous and independent monthly audit attestation of reserves, and the fact that its reserves are held in Brazil's lowest-risk asset class – the government's treasury bills, known as LFTs. These reserves are managed through Brazil's largest and most reputable banks.
As a cornerstone for the industry, $BRLA is an essential piece for developing decentralized applications linked to the Brazilian Real, paving the way for innovative financial solutions in the blockchain space.