Paying Brazilian Suppliers With a Stablecoin: BRLA, BRL1, BRZ, BRAt and BRLV Compared
How a Brazilian real stablecoin settles a supplier payment vs. Pix and a dollar stablecoin, and what BRLA, BRL1, BRZ, BRAt and BRLV require to redeem.
A foreign company paying a Brazilian supplier with a stablecoin still needs that stablecoin to become reais in the supplier’s own bank account at some point — the token itself is only half of the payment. What actually determines whether this works smoothly is the redemption path on the Brazilian side: whether the issuer converts directly to a bank account via Pix, whether that happens same-day, and whether the supplier even needs to touch a wallet at all.
Comparison: how each Brazilian real stablecoin gets converted to a bank deposit
| Token | Issuer | Local settlement rail | Redemption speed | Network |
|---|---|---|---|---|
| BRLA | Avenia | Not detailed on the official page | Not detailed on the official page | Native deployment across multiple chains, not itemized on the official page |
| BRL1 | Consortium of crypto market players, no single issuer named | Not detailed on the official page | Not detailed on the official page | Polygon (native), with expansion to other networks planned |
| BRZ | Transfero | Redemption through regulated partners | Not detailed on the official page | Ethereum, Algorand, BNB Chain, Polygon, Avalanche, Base, Stellar and Solana |
| BRAt | Twin | Currently available through Belo, a Latin American consumer wallet, for end users | Not detailed on the official page | Base |
| BRLV | Crown | Pix, direct with the issuer | Same-day (D+0) redemption | Base, Ethereum and Tempo |
Public disclosure of the actual redemption mechanics varies significantly between issuers; a company planning to pay suppliers this way should confirm the process directly with the issuer rather than relying only on marketing copy.
Why Pix and a dollar stablecoin are the real baseline for comparison
Most Brazilian suppliers are already set up to receive Pix, the Central Bank of Brazil’s instant payment system, which settles in seconds around the clock without any need for the supplier to hold a crypto wallet. A foreign payer sending a US dollar stablecoin like USDC or USDT still needs a conversion step from dollars to reais somewhere in the chain, typically through an exchange or over-the-counter desk, which reintroduces a foreign-exchange spread. A Brazilian real stablecoin is positioned between the two: it moves like a stablecoin on the sender’s side, but only closes the loop for the supplier if it converts back into a Pix payment without the supplier needing to manage a wallet or a token at all.
What determines whether a supplier actually receives reais without friction
- Whether the issuer offers direct Pix redemption: a token that redeems straight to a Brazilian bank account via Pix removes the need for the supplier to interact with the token at all — the payer converts and the supplier just sees a Pix deposit.
- Redemption speed: same-day (D+0) redemption avoids the multi-day float that would otherwise sit between sending the token and the supplier being paid.
- Whether the supplier needs their own wallet: some tokens are designed to reach end users through a consumer wallet or app, meaning the supplier holds the token directly rather than receiving a bank deposit.
- Issuer’s regulatory status in Brazil: any entity issuing a Brazilian real stablecoin used for real commercial payments is a Prestadora de Serviços de Ativos Virtuais (PSAV) under the Lei nº 14.478/2022, currently operating under the transition regime the Central Bank of Brazil established through Resolutions BCB 519, 520 and 521 (November 2025) while authorization requests are analyzed.
BRLV for supplier payments
BRLV, issued by Crown, redeems directly with the issuer at a fixed R$ 1.00 per token, paid out via Pix, with same-day (D+0) settlement — meaning a payer can convert BRLV to reais and have the funds reach a Brazilian bank account, including a supplier’s, without the supplier ever needing to hold the token. The reserves backing BRLV are 100% Brazilian federal government bonds, held in a bankruptcy-remote structure with an independent collateral agent, and attested daily by an independent third party. Crown also operates a separate embedded foreign-exchange service that lets a company convert between reais or BRLV and US dollar stablecoins as part of the same payment flow, without the counterparty needing to be aware that a stablecoin was involved at any step.
Frequently asked questions
Does a Brazilian supplier need a crypto wallet to be paid with a stablecoin? Not necessarily. It depends on the redemption path the payer uses: if the stablecoin redeems directly to a Brazilian bank account via Pix before reaching the supplier, the supplier only ever sees a normal Pix payment. If the payer instead sends the token directly to the supplier’s own wallet, the supplier does need to hold and manage that token.
How is paying with a Brazilian real stablecoin different from paying with a US dollar stablecoin like USDC? A US dollar stablecoin still needs to be converted into reais somewhere before a Brazilian supplier can spend it locally, which reintroduces a foreign-exchange conversion step. A Brazilian real stablecoin is already denominated in reais, so the only conversion needed is redeeming the token itself into a bank deposit.
Is paying suppliers this way faster than a traditional international wire? It can be, depending on the issuer’s redemption speed. BRLV, for example, offers same-day (D+0) redemption to a Brazilian bank account via Pix, compared to the D+1/D+2 settlement typical of traditional cross-border wire transfers.
Are all Brazilian real stablecoins regulated the same way? Any entity issuing this kind of token in Brazil for commercial use falls under the same legal framework, Lei nº 14.478/2022, and is currently operating under the transition regime the Central Bank of Brazil set up while it processes authorization requests under Resolutions BCB 519, 520 and 521. The framework is the same; how far along each issuer is in that authorization process can differ and should be confirmed directly.