BRLA Digital (BRLA) is a fiat-backed Brazilian real stablecoin. It has about $4.3M in circulation, ranking #161 among the stablecoins CoinScoop tracks, and runs on 3 blockchains.
What is BRLA?
BRLA Digital (BRLA) is a fiat-backed Brazilian real stablecoin. It has about $4.3M in circulation, ranking #161 among the stablecoins CoinScoop tracks, and runs on 3 blockchains.
In the issuer's words: BRLA is a stablecoin pegged 1:1 to the Brazilian Real (BRL), issued by Avenia and backed by audited fiat reserves.
BRLA supply history
BRLA supply fell 12.8% over the past 30 days, to $4.3M. Its peak was $45.4M in June 2026, and supply is 91% below that high.
Is BRLA holding its peg?
BRLA is trading 0.5–2% from its target. Small coins often drift like this on thin markets. A gap that persists usually reflects redemption friction or doubts about the backing.
Where BRLA lives: supply by blockchain
Supply is concentrated: Celo holds 81% of all BRLA. Moving it to another chain means bridging, or a mint and redeem through the issuer.
How BRLA is backed
Each BRLA is meant to be redeemable for one unit of its reference currency, backed by reserves such as bank deposits and short-term government debt held by the issuer or its custodians.
Minting and redemption: BRLA can be minted and redeemed 1:1 for Brazilian Reais. Reserves are held in Brazil and audited by a third-party firm.
Reserve reports and audits: brladigital.notion.site
BRLA risks
Your claim is on the issuer and the banks or funds holding its reserves. A failure or freeze there can break the peg, as USDC briefly did in March 2023.
Fiat-backed issuers can usually freeze tokens at specific addresses, for example to comply with sanctions or court orders.
With $4.3M in circulation, exiting a large position may move the price. Redemption may be limited to approved customers.
Copies of a stablecoin moved by third-party bridges depend on those bridges. Prefer the issuer's native contract on each chain.
At the last update BRLA traded at R$0.9917 against a target of 1.
Rules such as the US GENIUS Act and the EU's MiCA can restrict which stablecoins exchanges list in a given country.
BRLA vs USDT and USDC
BRLA FAQ
What is BRLA?
BRLA Digital (BRLA) is a fiat-backed Brazilian real stablecoin. It has about $4.3M in circulation, ranking #161 among the stablecoins CoinScoop tracks, and runs on 3 blockchains.
Is BRLA pegged 1:1 to the brazilian real?
BRLA targets 1 BRL. At the last update it traded at R$0.9917, a deviation of -0.83%, which we classify as "slightly off peg".
What backs BRLA?
BRLA is a fiat-backed stablecoin. Each BRLA is meant to be redeemable for one unit of its reference currency, backed by reserves such as bank deposits and short-term government debt held by the issuer or its custodians.
Which blockchains is BRLA on?
BRLA is live on 3 blockchains. The largest by supply are Celo ($17.8M), Polygon ($3.6M), Gnosis ($463K).
How much BRLA is in circulation?
About $4.3M of BRLA was in circulation at the last update, -12.8% over 30 days. That makes it the #161 stablecoin by supply among those we track.
Is BRLA safe?
No stablecoin is risk-free. As a fiat-backed design, BRLA's main risks are reliance on the issuer and its banks or custodians, how transparent the reserves are, the issuer's ability to freeze tokens, and regulatory action. Its supply is small, so liquidity can be thin. It currently shows "slightly off peg" on our peg monitor. This page is information, not investment advice.