# BRL1

> A stablecoin that reinvents the real in digital

BRL1 is a Brazilian Real-pegged stablecoin backed 1:1 by government securities and reserves held at regulated financial institutions.

BRL1 is a Brazilian Real-pegged stablecoin that maintains 1:1 parity through backing by Brazilian Public Securities indexed to the Selic rate, repurchase agreements, and reserves at regulated financial institutions. The stablecoin is supported by a consortium of leading Brazilian crypto exchanges including Mercado Bitcoin, Foxbit, Bitso, and Cainvest, providing institutional-grade security and compliance for both domestic and cross-border transactions.

- Type: Company
- Sector: Finance
- Status: Active
- Founded: 2024-01-01
- Profile: https://thegrid.id/profiles/brl1

## Products

- [BRL1 Issuance](https://thegrid.id/profiles/brl1): BRL1 is a Brazilian Real-pegged stablecoin platform that enables institutions to issue and manage digital currency backed 1:1 by Brazilian government securities. The system provides on-ramp and off-ramp services for qualified partners while offering end users access to BRL1 tokens through major exchanges for payments, trading, and remittances. (Stablecoin Issuer, Live, Main Product)

## Assets

- [BRL1 (BRL1)](https://thegrid.id/profiles/brl1): BRL1 is a Brazilian Real-pegged stablecoin issued by a consortium of Brazilian crypto exchanges including Mercado Bitcoin, Foxbit, Bitso, and Cainvest. It is used for payments, remittances, and trading on cryptocurrency platforms. The stablecoin is fully backed by Brazilian government bonds and cash reserves, with Fireblocks providing custody infrastructure to ensure holders can verify reserves and maintain confidence in the 1:1 peg. (Stablecoin)

## Links

- [Main](https://www.brl1.io)
- [Blog](https://brl1.io/en/projects)
- [Whitepaper](https://drive.google.com/file/d/1aOuxzC0DAiRKuUDklpifvdxMsSqR06Vr/view)
- [Twitter / X](https://x.com/BRL1Coin)
- [LinkedIn](https://linkedin.com/company/brl1)
- [Instagram](https://instagram.com/brl1coin)
- [Telegram](https://t.me/BRL1Coin)

## 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