# Braza Bank > Currency exchange bank Braza Bank is a Brazilian foreign exchange bank that provides currency exchange, international payments, and cross-border financial services. It serves businesses, financial institutions, and individuals across Brazil and Latin America. Braza Bank is a Brazilian foreign exchange bank regulated by the country's central monetary authority, offering currency protection, international transfers, and cross-border payment services. It serves businesses engaged in import and export, financial institutions, payment companies, and individuals who need to move money internationally. The bank positions itself as one of the country's larger dedicated foreign exchange institutions by transaction volume. The bank's services extend into digital assets through stablecoins pegged to fiat currencies, which it manages to support faster and lower cost cross-border settlement alongside its traditional exchange operations. Braza Bank operates as part of a wider group of affiliated companies that together form a cross-border financial ecosystem, including a multicurrency account application and payment processing tools built to run on top of the bank's foreign exchange infrastructure. Products offered under this ecosystem include international transfers, exchange rate hedging, regulatory reporting for cross-border transactions, and stablecoin based settlement, alongside a multicurrency retail account, checkout tooling for merchants selling to Brazilians abroad, and application programming interfaces for partners integrating exchange services. It is used by businesses managing currency risk and payments, financial institutions routing exchange transactions, and individuals sending or receiving money across borders. - Type: Company - Sector: Finance - Status: Active - Founded: 2013-11-24 - Profile: https://thegrid.id/profiles/braza_bank ## Products - [BBRL](https://thegrid.id/profiles/braza_bank): BBRL is a stablecoin pegged to the Brazilian real, issued and managed by Braza Bank. It operates on a public blockchain network, allowing holders to transact and settle value digitally while tracking the real's price. The token is used within Braza Bank's digital account and payment products to enable low-cost cross-border transfers and conversions. (Stablecoin Issuer, Live) - [Braza On](https://thegrid.id/profiles/braza_bank): Braza On is a multi-currency digital account app for individuals and businesses conducting international transfers and currency exchange. It lets users hold and convert foreign currencies alongside select cryptocurrencies and a real-pegged stablecoin, send and receive international remittances, withdraw funds abroad, and pay partner merchants using domestic payment methods with automatic conversion. The account is aimed at Brazilian users seeking lower-cost cross-border transactions than traditional bank exchange rates, combining currency exchange and crypto holdings within a single application. (Neobank, Live, Main Product) - [Braza Checkout](https://thegrid.id/profiles/braza_bank): Braza Checkout is a merchant payment gateway that allows foreign businesses outside Brazil to accept payments from Brazilian customers using domestic Brazilian payment methods, both online and in person. It converts payments made through local rails into the merchant's own currency and settles funds directly to the merchant's account, avoiding chargeback exposure. The product targets international retailers and service providers seeking to sell to Brazilian consumers without requiring international credit cards. (Merchant Payment Gateway, Live) ## Assets - [BBRL (BBRL)](https://thegrid.id/profiles/braza_bank): BBRL is a Brazilian Real-pegged stablecoin issued by Braza Bank and Braza Crypto. It is used for cross-border payments, remittances, and digital transactions accessible through the Braza On app. Reserves held in cash and short-term BRL government securities are subject to independent audits to keep circulating supply matched to backing assets. (Stablecoin) - [Braza USDB (USDB)](https://thegrid.id/profiles/braza_bank): USDB is a USD-pegged stablecoin issued by Braza Bank on the XRP Ledger. It is used for cross-border transactions, international remittances, and FX hedging by institutional clients and retail users through the Braza On app. Reserves consist of US and Brazilian government bonds held on a 1:1 basis and subject to regular independent audits. (Stablecoin) ## Links - [Main](https://brazabank.com.br) - [Privacy policy](https://www.brazabank.com.br/Política de Privacidade .pdf) - [Twitter / X](https://x.com/BrazaBank) - [LinkedIn](https://linkedin.com/company/brazabank) - [Instagram](https://instagram.com/brazabank) - [YouTube](https://www.youtube.com/@grupobraza) - [Facebook](https://facebook.com/grupobraza) - [Facebook](https://facebook.com/bancobraza) - [Instagram](https://instagram.com/bancobraza) - [TikTok](https://tiktok.com/@bancobraza) - [LinkedIn](https://linkedin.com/company/bancobraza) - [YouTube](https://youtube.com/@bancobraza) ## Legal This data is provided under two licensing models. Model 1 - open data. 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