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Brazilian cryptocurrency giants have teamed up to launch a stablecoin pegged to the real

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2024-10-09 06:29:44
Bitso, Mercado Bitcoin and Foxbit have joined forces to issue a stablecoin, BRL1, pegged to the value of the Brazilian real. The stablecoin will be issued on Ethereum and Polygon, with Cainvest providing liquidity for BTC and ETH pairs on these exchanges and other markets to be developed in the future.
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