2026-01-07 18:23:48

Former Brazilian Central Bank Director Tony Volpon recently announced a new stablecoin project—BRD. This token is directly pegged to the Brazilian Real and backed by Brazilian government bonds as reserves, giving this stablecoin a very solid foundation.

Interestingly, BRD is not just a stablecoin; holders can also gain exposure to local interest rates in Brazil. Considering that Brazil's current benchmark interest rate is as high as 15%, this is indeed attractive for DeFi users—meaning the stablecoin can also generate yields.

Volpon explained the original intention behind this design... (original text incomplete)

The launch of this project marks the beginning of more central bank figures exploring stablecoin solutions in the crypto space, especially in emerging markets seeking high-yield financial tools. The emergence of BRD also reflects a new approach to integrating DeFi with traditional finance.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

14 Likes

Reward
14
6
Repost
Share

Comment

0/400

ContractSurrender

· 12h ago

Is the 15% return really true, or is it another scam to trap investors...

View OriginalReply0

bridgeOops

· 17h ago

15% yield? Sounds a bit outrageous, gotta see if it's truly accessible or just theoretical. --- People from the central bank system are coming in, is traditional finance officially aligning with us? This is not a simple matter. --- Using government bonds as reserves feels more stable, but we still need to watch out for policy risks. --- The idea of earning interest with stablecoins has actually been overdue, Brazil's recent actions are quick. --- 15%! Just this number alone is tempting, but I'm worried there might be some tricks later on. --- From senior central bank officials to stablecoin entrepreneurs, it truly confirms what the trend is. --- Government treasury bond backing? Looking at it from another angle, it's essentially government approval. --- DeFi and traditional finance are finally about to truly handshake; this is what we want to see.

View OriginalReply0

Rugman_Walking

· 01-07 18:53

Haha, even the central bank people are starting to play with stablecoins. That's pretty interesting. A 15% interest rate directly on the chain—who can refuse... But wait, is government bond backing really reliable? Brazil is playing a tough game; a hybrid of DeFi and traditional finance is coming. By the way, could this become a template for other emerging markets? It seems replicable. The fact that stablecoins can generate interest—it's no longer monopolized by banks.

View OriginalReply0

PaperHandsCriminal

· 01-07 18:52

Wait, a 15% interest rate? Is this really true? Can stablecoins really earn passive income? I feel like something's off...

View OriginalReply0

NewPumpamentals

· 01-07 18:52

15% return? This might be a trap... --- Central bank officials are entering the stablecoin space, things are getting interesting --- Wait, using government bonds as reserves? Are they planning to move TradFi directly onto the chain? --- Earning-yield stablecoins are indeed attractive, but I want to know how they guarantee decentralization... --- Brazil daring to offer 15% returns shows that traditional finance is also panicking --- Another phrase about "combining DeFi and traditional finance." I'm tired of hearing it. Can you give some practical use cases? --- Volpon's move is a bit aggressive. With the central bank backing stablecoins, could it actually limit application scenarios? --- Emerging markets' high-interest arbitrage opportunities are here, but what about the risks? --- That's why I still believe in the stablecoin ecosystem as a truly productive tool --- Government bond reserves sound very safe, but in the crypto world... is it really safe?

View OriginalReply0

ProveMyZK

· 01-07 18:41

15% annualized return? That's incredibly attractive, feels like another "get rich quick or blow up" scenario. --- A stablecoin backed by the central bank... sounds good but somehow feels a bit strange. --- Wait, supported by government bond reserves? What does this imply—traditional finance is really coming in? --- Volpon is serious, can BRD really break through the walls of TradFi and DeFi? --- Who can refuse a 15% interest rate? Here comes another round of harvesting the leeks. --- Interesting, stablecoins can also do yield farming now. --- A national-level stablecoin is coming; small-cap tokens are risky. --- This is what they call "compliance," but I still don't trust anything from central banks.

View OriginalReply0