Crown BRLV

Crown BRLV is a fiat-backed stablecoin denominated in Brazilian Real, deployed on the Base blockchain as a standard ERC-20 token. It is designed for people and institutions who want to hold, transfer, or use Brazilian Real value on-chain without converting to a dollar-denominated asset. Its stated use cases include everyday payments, integration with decentralized finance protocols, and institutional treasury management.

Each BRLV token is backed one-to-one by Brazilian government bonds held in a bankruptcy-remote structure under Brazilian fiduciary assignment law, meaning the bond reserves are legally ring-fenced from the issuer. Because the token does not rebase, its supply stays fixed relative to deposits and its unit price moves with the Real-to-dollar exchange rate rather than adjusting balances in wallets. The yield generated by the underlying bond collateral accrues at a separate layer called BRLY, and primary holders can claim that surplus in BRLV through an off-chain-computed rewards mechanism.

The data stored here records no protocol fee stream for BRLV, so this site carries no fee-based measures such as fee yield or revenue multiples for this asset. The economic return to holders, if any, comes through the bond-yield rewards mechanic described in the project documentation rather than through trading fees. The circulating supply of 369,099,914.90 BRLV represents 100 percent of issued supply at this point in time, and the fully diluted valuation equals the market capitalisation of approximately 72,847,399 US dollars, reflecting no additional supply overhang.