BRL1 (BRL1) stablecoin analytics
Answer First
What is BRL1?
BRL1 is a centralized Brazilian real stablecoin, targeting a 1:1 peg with a BRL reserve mix of Brazilian federal LFT bonds, repo agreements, and cash. The static profile records its Brazilian Real peg mechanism as: Issuer-managed mint and redemption route designed to maintain 1 BRL1 = 1 BRL through Brazilian-real backing
Is BRL1 safe?
Pharos does not assess BRL1 as safe: it holds a D Safety Score grade (47/100) in the latest published rating, which flags significant structural risk. Static metadata says BRL1 uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with Self-Reported PoR from BRL1 CONSORTIUM S.A. internally prepared and board-approved proof-of-reserves report; explicitly not independently audited. August 1, 2026 report is publicly downloadable from the issuer-linked English-footer Google Drive file.; the main caveat is that issuer or admin freeze controls are recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
Static Profile
Static stablecoin profile
BRL1 (BRL1) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg Brazilian Real.
AI summary / Updated Sep 7, 2026
BRL1 is a centralized Brazilian real stablecoin on Polygon, issued by BRL1 CONSORTIUM S.A. and targeting a 1:1 peg with a reserve mix of Brazilian federal LFT bonds, repurchase agreements, and a BRL bank balance, all reported in a segregated account at Banco XP. It adds another BRL-denominated route alongside the older Brazilian real tokens in Pharos, but with a smaller operating footprint and thinner disclosure than the most established local issuers: the reserve report is prepared internally, board-approved...
AI summary · drafted by claude-fable-5-1 · facts as of Sep 7, 2026
Sources: BRL1 proof-of-reserves report index
- Collateral
- Brazilian-real reserve portfolio backing BRL1 at a 1:1 target, including Brazilian federal LFT bonds, repo agreements, and cash
- Peg Mechanism
- Issuer-managed mint and redemption route designed to maintain 1 BRL1 = 1 BRL through Brazilian-real backing
- Jurisdiction
- Brazil
- Proof Of Reserves
- Self-Reported PoR by BRL1 CONSORTIUM S.A. internally prepared and board-approved proof-of-reserves report; explicitly not independently audited. August 1, 2026 report is publicly downloadable from the issuer-linked English-footer Google Drive file. Reserve source
- Contracts
- 1 deployment tracked across Polygon.
Next Actions
Exact bot target: /subscribe dews,depeg,safety brl1-brl1
Source: checked-in StablecoinMeta profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier below; the summary above was last updated Sep 7, 2026.
BRL1 quick answers
What is BRL1?
BRL1 is a centralized Brazilian real stablecoin, targeting a 1:1 peg with a BRL reserve mix of Brazilian federal LFT bonds, repo agreements, and cash. The static profile records its Brazilian Real peg mechanism as: Issuer-managed mint and redemption route designed to maintain 1 BRL1 = 1 BRL through Brazilian-real backing
Is BRL1 safe?
Pharos does not assess BRL1 as safe: it holds a D Safety Score grade (47/100) in the latest published rating, which flags significant structural risk. Static metadata says BRL1 uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with Self-Reported PoR from BRL1 CONSORTIUM S.A. internally prepared and board-approved proof-of-reserves report; explicitly not independently audited. August 1, 2026 report is publicly downloadable from the issuer-linked English-footer Google Drive file.; the main caveat is that issuer or admin freeze controls are recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
What backs BRL1?
Pharos classifies BRL1 backing as Real-World Asset Backed. Collateral, per the static profile: Brazilian-real reserve portfolio backing BRL1 at a 1:1 target, including Brazilian federal LFT bonds, repo agreements, and cash Reserve evidence: Self-Reported PoR from BRL1 CONSORTIUM S.A. internally prepared and board-approved proof-of-reserves report; explicitly not independently audited. August 1, 2026 report is publicly downloadable from the issuer-linked English-footer Google Drive file..
Can BRL1 be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded. Live freeze and blacklist events for BRL1, when applicable, appear in the dossier below.
