Bittrex Global has launched the Brazilian Digital Token (BRZ) token and opened the BRZ / USDT and BRZ / BTC trading pairs.
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BRZ is an ERC-20 token built on the Ethereum blockchain and aims to maintain a 1: 1 anchor with BRL. Market agents will maintain price stability based on the reserves held by reserve managers, and the issuance of new tokens with basic reserves will be reviewed by a reputable third-party company.
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