# Braza Bank

> Currency Exchange Bank

Braza Bank provides foreign exchange services, international payments, and stablecoin solutions for businesses and individuals in Brazil and Latin America.

Braza Bank is a Brazilian foreign exchange bank authorized by the Central Bank of Brazil since 2013, specializing in currency protection, international transfers, and cross-border payment services. The bank manages BBRL and USDB stablecoins on the XRP Ledger for institutional and retail clients.

- Type: Company
- Sector: Finance
- Status: Active
- Founded: 2013-01-01
- Profile: https://thegrid.id/profiles/braza_bank

## Products

- [BBRL](https://thegrid.id/profiles/braza_bank): BBRL is a Brazilian Real-pegged stablecoin operating on the XRP Ledger, facilitating secure cross-border payments and digital transactions for businesses and individuals. (Stablecoin Issuer, Live)
- [Braza On](https://thegrid.id/profiles/braza_bank): Braza On is Braza Bank's global multi-currency digital account for individuals, offering FX conversion, crypto wallet integration, and international transfers with up to 65% savings on exchange fees compared to traditional banks, all in one app. (Neobank, Live, Main Product)
- [Braza Checkout](https://thegrid.id/profiles/braza_bank): Braza Checkout enables international merchants to accept payments from Brazilian customers abroad using Brazilian payment methods (PIX, Boleto, cards), both online and in-person. (Merchant Payment Gateway, Live)

## Assets

- [BBRL (BBRL)](https://thegrid.id/profiles/braza_bank): BBRL is a Brazilian Real-pegged stablecoin issued by Braza Bank. It is used for cross-border payments, remittances, and digital transactions on the XRP Ledger. Braza Bank and Braza Crypto jointly oversee issuance, redemption, and risk management processes, with regular audits of reserve holdings conducted and published to reinforce transparency. (Stablecoin)
- [Braza USDB (USDB)](https://thegrid.id/profiles/braza_bank): USDB is Braza Bank's USD-pegged stablecoin issued on the XRP Ledger, backed 1:1 by US and Brazilian government bonds and regularly audited. It enables fast and low-cost cross-border transactions, international remittances, and FX hedging for both institutional clients and retail users via the Braza On app. (Stablecoin)

## Links

- [Main](https://brazabank.com.br)
- [Terms of Service](https://www.brazabank.com.br/BRAZA BANK - TERMOS DE USO.pdf)
- [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)

## Legal

This data is provided under two licensing models.

Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. Attribution is required: include "Powered by The Grid" linking to https://thegrid.id wherever the data is used. Derivative databases must be shared under ODbL terms. Trademarks, logos, and brand names (marked "Special TPIP") are not covered by the ODbL. For ML/AI use: training datasets that substantially extract ODbL data are Derivative Databases and must be shared under ODbL if publicly used; models must be attributed in documentation.

Model 2 - commercial licenses. The Grid Data Service (TGDS) is also available as a commercial license. See [Web Services Terms](https://about.thegrid.id/legal/web-services-terms) for commercial use that is not covered by the open data service.

The following applies to both licensing models.
- All data is provided AS IS with no guarantees of accuracy.
- The Grid does not provide investment, legal, or tax advice, and
- a project's presence in The Grid's data does not imply endorsement.


- [Data Licensing & Disclaimers](https://about.thegrid.id/legal/data-licensing-and-disclaimers): Licensing models and disclaimers
- [Open Data (ODbL)](https://about.thegrid.id/legal/open-data): Open Database License terms and scope for The Grid's open data service.
- [Attribution Guidelines](https://about.thegrid.id/legal/open-data-attribution-guidelines): How to attribute The Grid's data when using the open data service.
- [Web Services Terms](https://about.thegrid.id/legal/web-services-terms): commercial Terms for using data services.
- [All Legal Documents](https://about.thegrid.id/legal): Full index of terms, policies, and disclosures

## Optional

- [TGS Field Descriptions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-field-descriptions.md): Schema field definitions for The Grid's data model
- [TGS JSON Structure](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-json-structure.md): Data model structure and relationships
- [Product Type Definitions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-definitions.md): Definitions for each product type
- [Product Type Classification](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-classification.md): Guide for classifying products into types
- [Grid MCP Guide](https://github.com/The-Grid-Data/workspace-public/blob/main/grid-search/skills/grid-query/references/grid-mcp-guide.md): How to query The Grid programmatically via MCP