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BRLA profile facts

BRLA Digital (BRLA) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg Brazilian Real.

Collateral
BRL cash and cash equivalents plus overnight repurchase agreements collateralized by Brazilian corporate debentures; the September 30, 2026 reserve and circulation totals received reasonable assurance from UHY Bendoraytes
Peg mechanism
Fiat-backed 1:1 peg to the Brazilian Real; mint/redeem through Avenia after approved KYC, with BRL sale proceeds paid by PIX to matching account-holder details. Platform terms describe two-business-day settlement with external-delay exceptions, not an unconditional bank-credit SLA; native multichain deployment without wrapping.
Jurisdiction
Brazil
Proof of reserves
Examination by UHY Bendoraytes & Cia Auditores Independentes Reserve source
Contracts
4 deployments tracked across Polygon, Gnosis, Celo, and Moonbeam.

Source: Pharos registry profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier on this page.

BRLA quick answers

5
What is BRLA Digital (BRLA)?

BRLA is Avenia's centralized Brazilian real stablecoin, mint/redeemed 1:1 for BRL and backed by BRL cash equivalents and overnight repurchase agreements. The static profile records its Brazilian Real peg mechanism as: Fiat-backed 1:1 peg to the Brazilian Real; mint/redeem through Avenia after approved KYC, with BRL sale proceeds paid by PIX to matching account-holder details.

Is BRLA safe?

As of Nov 8, 2026, Pharos grades BRLA C+ (64/100) on its Safety Score. Pharos's reviews record that the issuer or an admin can freeze individual holders' balances, and direct redemption is limited to customers the issuer has verified. That is a middle-band grade: it meets baseline expectations but carries meaningful weaknesses. The grade moves as reserve, redemption, peg and control evidence changes; the live Safety Score on this page shows the current reading.

What backs BRLA?

Pharos records BRLA's reserves as of Sep 30, 2026 as 54.5% BRL cash and cash equivalents and 45.5% Overnight repurchase agreements collateralized by Brazilian corporate debentures. Reserve evidence: Examination by UHY Bendoraytes & Cia Auditores Independentes, latest period ending Sep 30, 2026. Pharos classifies the backing as Real-World Asset Backed.

Can BRLA be frozen or blacklisted?

Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded.

How do you redeem BRLA?

Under the route Pharos reviewed on Apr 16, 2026, customers the issuer has verified can redeem BRLA for a single stable asset, such as cash or a stablecoin. Settlement takes multiple days. The fee is variable or not fully published. Whether a given holder qualifies is set by the route's own terms, not by this summary.