Brazil’s BRLV stablecoin is positioned to provide institutional investors a compliant gateway to the lucrative Brazilian bond market. Crown, a fintech situated in São Paulo, has secured $8.1 million to roll out this stablecoin aimed specifically at allowing global investors access to the country’s appealing double-digit interest rates that are typically constrained by local regulations.
The BRLV stablecoin is fully backed by Brazilian government bonds, which currently offer far more attractive yields compared to many developed countries. As per TradingEconomics, the yield on a 10-year Brazilian government bond rests at approximately 14%, after reaching a peak of 15.2% recently, solidifying Brazil’s position as a leading sovereign bond market internationally, despite the bureaucratic hurdles foreign investors often encounter.
Crafting a tokenized version of the real with government-backed debt, Crown’s goal is to simplify the path to Brazil’s fixed-income market and offer digital alternatives for holding Brazilian real-linked assets.
“The safest way to manage stablecoin reserves and ensure every token is fully backed is to invest those reserves in government bonds,” stated John Delaney, highlighting the company’s aim to create a more equitable model for its institutional partners by sharing income derived from these investments.
Crown’s latest financing round was headed by Framework Ventures with involvement from Valor Capital Group, Coinbase Ventures, Paxos, and additional investors.
Brazil as a Crucial Player in the Stablecoin Sector
While the BRLV aims to broaden foreign investment avenues in Brazil, the nation has emerged as a hotspot for stablecoin activity in the region. As reported by Chainalysis, Brazil accounted for $318.8 billion in crypto transactions from July 2024 to June 2025, with stablecoins representing over 90% of this volume, signaling their significant role in payment methods and cross-border transactions.
Institutional interests have significantly influenced this crypto adoption within the country, with banks, fintechs, and payments providers increasingly incorporating blockchain technology.
“The capital flows can become more volatile, and that is essentially due to the wide accessibility of stablecoins for transferring funds into and out of the country,” cautioned Renato Gomes, Deputy Governor of the Central Bank of Brazil.
