Former Brazil Central Bank Official Launches Yield Sharing Stablecoin
0
0
- Tony Volpon launches BRD stablecoin offering exposure to Brazil’s 15% interest rates.
- Token backed by National Treasury bonds competing with BRZ’s $185 million market cap.
- Brazil maintains no official cryptocurrency holdings as of January 2026 currently.
A former Brazilian central bank director has introduced a yield-bearing stablecoin designed to provide international investors with access to the country’s high-interest-rate environment. Tony Volpon announced BRD on CNN Brasil’s “Cripto na Real” program and called the token a gateway to Brazilian sovereign debt returns.
The stablecoin operates through backing by National Treasury bonds, creating a direct link between token value and government securities. Brazil’s central bank maintains a benchmark interest rate of 15%, substantially higher than the Federal Reserve’s 3.5%-3.75% target range.
Token structure add…
Read The Full Article Former Brazil Central Bank Official Launches Yield Sharing Stablecoin On Coin Edition.
0
0
Manage all your crypto, NFT and DeFi from one placeSecurely connect the portfolio you’re using to start.
0
0
