---
title: "B3 BRL Stablecoin (BRL-B3) Stablecoin Analytics"
canonical: "https://pharos.watch/stablecoin/brl-b3/"
description: "Build-time stablecoin profile for B3 BRL Stablecoin (BRL-B3). Live price, supply, peg, liquidity, and flow data are served by the Pharos API."
dateModified: "2026-06-07"
---



# B3 BRL Stablecoin (BRL-B3)

**Peg:** Brazilian Real

**Backing:** Real-World Asset Backed

**Governance:** Centralized (CeFi)

**Status:** pre-launch

## Overview

BRL-B3 is a pre-launch Brazilian real settlement stablecoin from B3, Latin America's largest stock exchange, designed for its tokenized {{term:rwa}}real-world-asset{{/term}} trading platform. When Latin America's largest stock exchange decides it needs its own stablecoin for tokenized asset settlement, the signal is less about crypto adoption and more about what traditional financial infrastructure considers table stakes in 2026. B3's BRL stablecoin — now branded B3RL — fills the gap left by Brazil's Drex CBDC narrowing its scope: the central bank's digital currency was meant to handle settlement, but as that project slowed, B3 decided to build the plumbing itself, backed by cash and government bonds inside its own clearing infrastructure. At its May 2026 Tokenization Day the exchange confirmed the target had slipped from H1 to H2 2026, and that the first phase is a blockchain replica of its depository database — direct on-chain trading will have to wait. The question was never whether B3 can issue a BRL stablecoin — it clears trillions annually — but whether Brazil's regulators will let a stock exchange run the settlement rails the central bank once reserved for itself.

## Collateral

1:1 Brazilian Real reserves; designed as settlement layer for B3's tokenized asset trading platform

## Peg Mechanism

Issuer-managed Brazilian-real settlement token for B3's tokenization platform; B3 materials describe it as value-linked to fiat currency and as the real-denominated settlement instrument for tokenized-asset trading

## Jurisdiction

| Country | Regulator | License |
| --- | --- | --- |
| Brazil | N/A | N/A |

## Live Data

This is a pre-launch stablecoin profile. Live API data is not available until launch.