---
title: "BRL1 (BRL1) Stablecoin Analytics"
canonical: "https://pharos.watch/stablecoin/brl1-brl1/"
description: "Build-time stablecoin profile for BRL1 (BRL1). Live price, supply, peg, liquidity, and flow data are served by the Pharos API."
dateModified: "2026-05-15"
---



# BRL1 (BRL1)

**Peg:** Brazilian Real

**Backing:** Real-World Asset Backed

**Governance:** Centralized (CeFi)

**Status:** active

## Overview

BRL1 is a centralized Brazilian real stablecoin, targeting a 1:1 peg with a BRL reserve mix of Brazilian {{term:treasury}}Treasury{{/term}} ETFs, repo agreements, and cash equivalents. BRL1 is a Brazilian real stablecoin tracked by CoinGecko on Polygon. It adds another BRL-denominated route alongside the older Brazilian real tokens in Pharos, but with a smaller operating footprint and less public reserve transparency than the most established local issuers, including the absence of regular third-party {{term:attestation}}attestations{{/term}}. Pharos therefore models the peg as issuer-backed while keeping disclosure confidence conservative.

## Collateral

Brazilian-real reserve portfolio backing BRL1 at a 1:1 target, including Brazilian Treasury ETFs, repo agreements, and cash equivalents

## Peg Mechanism

Issuer-managed mint and redemption route designed to maintain 1 BRL1 = 1 BRL through Brazilian-real backing

## Jurisdiction

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

## Contracts

| Chain | Address | Decimals |
| --- | --- | --- |
| polygon | `0x5c067c80c00ecd2345b05e83a3e758ef799c40b5` | 18 |

## Live Data

Real-time price, supply, peg score, liquidity, and flow data live at https://api.pharos.watch/api/stablecoin/brl1-brl1.