Brazilian Digital
BRZ#444 by market capNot covered. The criterion it missed: no roadmap or documentation page linked from the homepage.
Brazilian Digital is for a stable digital dollar. We have not written its record yet, so its promises are not checked. It trades at $0.1933, #433 of all coins by size, 98% below its highest ever price.
This week Nothing changed on its record.
No stated job or named backing. No dated promises on its pages. Nothing dated ahead. #25 of 84 fiat-backed stablecoins. Nothing to be careful of on the record.
Is it real?
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0 of 4
- –A real-world jobDoes it say what problem it solves, in a category that is not a joke?
- –Real backingA named investor, an index, a major exchange, or a billion-dollar size.
- –Something aheadA dated step, deliveries on record, or demand showing up in the news.
- –Room to growWorth at least four times less than the biggest coin doing the same job, so the gap is real, not a guess.
No named backer
- Origin29 October 2023about about 2 yearstransfero.com/stablecoins/brz, GitHub, Whitepaper
- DevelopersNot namedNeither Wikidata nor its listing names the foundersCode activity not checked
- BackingNo named investorNot on a big exchange we track
- Standing on the recordNo recordNo dated promise to judge yet2 headlines last month, 1 about governmentNo corrections needed so far
It is already worth more than the typical coin in Fiat-backed Stablecoin ($12.75M). To match the leader, Ethena USDe ($4.68B), its price would need to rise 8767%, to about $17.14.
Still to check
- No dated promise on record yet, so delivery cannot be judged
- Listed on fewer than two big exchanges
- No named investor among its tags
- Only 2 headlines named it last month
What to do Nothing dated is ahead and nothing has been delivered on record. There is no event to wait for yet, which is itself the answer.
A gap is not a forecast. Most small coins never close it. The site never picks.
Four tests, printed. Passing all four means a real job, real backing, something ahead, and a price far below the leader of its group. A filter on facts, never a verdict.
Every line has a source: the coin's own listing, CoinGecko's tags, the record, or the news feed. Reputation here is a count, never an opinion.
Does it deliver?
No dated promise has been found on the pages this project publishes. Its pages are saved every night, so anything it commits to from now on appears here.
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Every line is quoted from the project's own pages, with the copy we stored and, where one exists, the article that reported it
What is next, and when?
Nothing dated has been found on its pages, so there is no date to wait for yet.
How big is it next to its rivals?
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Only coins within a hundred times its worth; a coin a thousand times bigger is another world
A stable digital dollar
194 coins tagged Stablecoins, worth $309.33B together. #59 of 194 by worth.
Fiat-backed Stablecoin: this coin against its direct competitors
- CoinWorth, as a barWorthAgainst this coinToday, and the gapSupplyPromises
Brazilian Digital$52.73Mthis coin−0.3%no maxno record
Ethena USDe$4.68B88.7× bigger, +$4.62B+0.0%, gap +0.3no maxno record
Dai$4.59B87.0× bigger, +$4.53B−0.0%, gap +0.3no maxnone dated
Global Dollar$3.32B62.9× bigger, +$3.26B+0.0%, gap +0.3no maxnone dated
PayPal USD$2.87B54.5× bigger, +$2.82B+0.0%, gap +0.3no maxno record
Ripple USD$2.37B45.0× bigger, +$2.32B+0.0%, gap +0.3no maxno record
GHO$698.14M13.2× bigger, +$645.41M+0.0%, gap +0.3no maxnone dated
Usual USD$547.04M10.4× bigger, +$494.31M−0.0%, gap +0.3no maxno record
Fiat-backed Stablecoin: this coin next to Ethena USDe, the biggest rival within reach. People go to the bigger coin unless the smaller one does something it does not.
- Brazilian Digital says
- BRZ is the first stable coin backed by Brazilian Reais (BRL).
- Ethena USDe says
- Ethena is a delta-hedged synthetic dollar with native crypto yield derived from staking and perpetual funding rate.
Two claims, side by side, in their own words. Whether the difference is real is for the record to show over time, and for you to judge.
BRZ is the first stable coin backed by Brazilian Reais (BRL). It'll allow Brazilian residents to directly ramp up in international exchanges and actively trade the Brazilian currency against pairs of different classes, including Bitcoin, other stable coins, utility and security tokens.
Problem it says it solves: a stable digital dollar. 194 coins are working on it and together they are worth $309,327,253,815. This coin is 0% of that.
Where it trades: Uniswap V3, Curve
Each bar is a coin's worth today (price × coins out), longest first. The lit bar is this coin; grey bars are the others doing the same job.
Bars are market cap. Order is size, nothing else. Differences are measured from the coin you are looking at.
What should make me careful?
Nothing printed today
None of the six tests fails. A missed promise counts only on a record a person has checked.
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Fiat-backed Stablecoin: this coin next to the group's largest, Ethena USDe.
| Brazilian Digital | Ethena USDe | |
|---|---|---|
| Years trading | 3 years | 2 years |
| Major exchanges | 0 | 5 |
| Named backers | 0 | 0 |
| Headlines, last month | 2 | 32 |
| Promises delivered | no record | no record |
What it says is different: BRZ is the first stable coin backed by Brazilian Reais (BRL). It'll allow Brazilian residents to directly ramp up in international exchanges and actively trade the Brazilian currency against pairs of different classes,…
It is 1.1% the size of Ethena USDe. On the facts above it is behind on major exchanges, headlines, last month. For that gap to close, the record would need deliveries showing up in its record, news that names it, listings on major exchanges. Nothing here says it will; the site does not predict.
The tests: nothing to hold it for, more missed than delivered, priced ahead of its record, half the supply still to come, rivals ship while it does not, a big release of coins soon.
The homework: the coin itself, the news, the record
The coin itself
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The last 7 days
Where today sits against its highest ever price
Highest ever: $9.99 on 29 October 2023. Today is 2% of that.
100%
of all BRZ that will ever exist is already out in public hands: 272.85M coins.
0% (172 coins) is not yet created or held by the project. That is a small share. Those coins can be sold later, which can push the price down.
out held back. Each dot is 1%.
Meant to stay at one dollar
Holding it is holding a copy of a dollar. It is not built to rise.
- Nothing the project's own pages spell out.
That is all a market cap is: today's price times the coins in public hands. It moves every time the price does. It says what buyers are paying, not what the coin is worth.
- 272.85Min circulation of 272.85M total. No hard maximum is set, so more can be created.
- of its all-time high of $9.99 on 29 October 2023. That is −98.1% from the top.
- #433by market cap, $52,734,890.
- Not checkedwho holds the most coins, and how much has been burned. Those need on-chain data this site does not read yet.
Supply and value figures from CoinGecko, refreshed hourly. Not part of the record.
What the news says
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Headlines per day, last 30 days
2 headlines named this coin in the last month.
What they were about
- Treasury1
- Regulation1
- Nu Holdings reports $1B in quarterly net income with 139 million customers
- Best Crypto Exchange Brazil 2026: Banco Central-Regulated PicksGovernment
Headlines are the publishers' own. News is never placed next to price.
The record itself
Not covered. The criterion it missed: no roadmap or documentation page linked from the homepage.
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Six facts, the project's own replies, its peers, contract facts, references and every stored copy