The Brazilian cryptocurrency BRZ had the BRZ/BTC and BRZ/USDT pairs, in both ERC-20 and Solana (SPL) versions, listed on the CoinBene exchange, the eighth largest in the world, according to CoinMarketCap. The exchange has more than 10 million active users per month in more than 185 countries. Trading and withdrawals are already open to investors.
“With this expansion, BRZ now gives crypto investors access to a platform that trades daily a US$ 3 billion financial volume committed to best compliance and licensed practices in the United States and Singapore. In addition, the partnership gives CoinBene access to the growing Brazilian market”, says The CEO of Transfero, Thiago Cesar.
Through the partnership, Brazilians will transfer funds directly from their bank account to the platform and convert them into BRZ for trading against other cryptocurrencies. In addition, CoinBene has over 200 cryptoassets spot pairs listed, as well as perpetual contracts, margin trading service, and mini funds.
BRZ is the main real-backed cryptocurrency and the first stablecoin pegged to a currency of an emerging country. Integrated with the blockchains of Ethereum, Solana, Stellar, Algorand, and Binance Smart Chain, it has a monthly transaction volume of more than R$ 320 million, having reached more than 1 billion tokens in circulation. The BRZ is also one of the founders of the Stablecoin Alliance, an organization aimed at promoting stablecoins in the world. In addition, in partnership with the Solana Foundation, it sponsors a hackathon that will distribute up to US$ 1 million in awards.