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Mercado Bitcoin Launches MBRL, a Brazilian Real-Backed Stablecoin on Tron

By admin On Nov 20, 2024

Anna Martynova

Mercado Bitcoin, a leading Latin American crypto platform, has launched MBRL, a stablecoin, on the Tron blockchain. In a statement from MB on November 19, it was noted that MBRL will be pegged to the Brazilian Real, making it a reliable and convenient option for digital asset investors in Latin America. The statement emphasized that integrating MBRL with Tron will provide access to a fast, affordable, and scalable smart contract platform.

MB says the stablecoin was designed as a store of value with liquidity for any withdrawal, including on weekends and holidays. Additionally, MBRL will integrate into DeFi platforms, blockchain wallets, and dApps for versatility and ease of use.

MB Product Analyst Lucca BENEDETTI said that the introduction of the MBRL stablecoin was a major milestone for MB and the growing Brazilian crypto community. He noted that the Tron blockchain has already been widely adopted in the region. Benedetti emphasized that MB is further strengthening its presence on the Tron network through the launch of MBRL. He expressed enthusiasm for the positive changes that MBRL will bring.

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