# BRZ: Brazilian Digital

BRZ is Transfero’s Brazilian real stablecoin, backed 1:1 by real-denominated reserves and issued across a broad set of public networks.

## Key details

- **Issuer:** Transfero
- **Reference currency:** BRL
- **Backing model:** Liquid assets in the reference currency
- **Created:** 2019-01-01

## About

Transfero started in Brazil in 2015 as Bit.One, operating an early crypto payment gateway, and later combined with Transfero Swiss to build global financial infrastructure. It launched BRZ in 2019 and subsequently expanded into payments, OTC services, asset management, and tokenization.

## Supported chains

- Ethereum
- Arbitrum
- Avalanche
- Base
- BNB Smart Chain
- Celo
- Chiliz
- Gnosis
- Linea
- Mantle
- Moonbeam
- OP Mainnet
- Polygon PoS
- Rootstock
- Solana
- Tron

- **Reference contract:** `0x01d33fd36ec67c6ada32cf36b31e88ee190b1839` (Ethereum)

## Legal jurisdiction

Brazil

Transfero’s Brazil-facing platform terms define BRZ as a 1:1 Brazilian-real stablecoin and cryptoasset used in its payment-account and exchange services.

## Sources

- [Official site](https://transfero.com/brz)
- [Transfero](https://transfero.com/brz)
- [Transfero terms](https://app.transfero.com/help-center/terms)

This directory is for research, not an endorsement or an availability promise from Fiber. Stablecoin designs, reserves, networks, and redemption terms can change.

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Fiber is a financial technology company, not a bank. Banking services are provided by SSB, Member FDIC. Funds deposited at SSB are eligible for FDIC insurance up to $250,000 per depositor, per insured bank, subject to applicable limitations and FDIC rules.
