- Braza Group launched USDB on XRP Ledger to offer fast and low-cost digital transactions in Brazil.
- USDB is backed by government bonds and aims to bring stability and trust to digital payments.
- Retail users can access USDB in May through the Braza On app for easy international transfers.
The Brazil-based financial institution Braza Group has introduced USDB, a new stablecoin issued on the XRP Ledger. The token is backed by U.S. and Brazilian government bonds. Regular audits ensure transparency and reliability.
XRP Ledger Hosts Braza’s Second Token
USDB marks Braza’s second token on the XRP Ledger . Earlier this year, the group released BBRL, a real-pegged stablecoin. Both tokens benefit from XRP Ledger’s low transaction costs and quick settlement times. Braza’s move aligns with its goal to modernize digital finance in Latin America.
Institutional clients already use USDB. Retail users will gain access in May through the Braza On mobile app. The company aims to offer users a simple tool for international payments and remittances. The coin is pegged 1:1 to the U.S. dollar for price stability.
Digital Transfers Gain Momentum
The XRP Ledger allows fast and affordable transactions. USDB taps into that capability, making it suitable for cross-border operations. The stablecoin also meets strict compliance and security requirements. These features appeal to both individual users and large institutions.
USDB stands apart from other stablecoins by using government bonds as reserves. This includes bonds from both Brazil and the United States. Regular independent audits add another layer of trust. The goal is to build confidence among users and regulators alike.
Braza Sees Rising Demand for Stablecoins
Demand for stable digital currencies is increasing across Brazil. Braza anticipates USDB will capture a large share of this market. By the end of 2025, the group expects USDB could account for 30% of Brazil’s dollar-pegged stablecoin activity.
The broader aim is to strengthen the digital asset environment in Brazil. USDB joins a growing list of blockchain tools aimed at financial efficiency. By launching both real and dollar-pegged tokens, Braza supports local and global financial needs.
Braza Plans for Regulation and Expansion
Looking ahead, Braza expects crypto regulations to tighten. Areas like asset custody and foreign exchange will likely receive more attention. The group believes its infrastructure already meets many of these future rules.
Braza’s long-standing role in Brazil’s interbank market supports its stablecoin strategy. In April, the firm processed over $1 billion in a single day using its network. This track record adds credibility to its stablecoin initiative. Braza aims to lead digital financial innovation in Latin America with USDB and future blockchain projects.
