Mercado Bitcoin Launches MBRL Stablecoin on TRON Blockchain, Pegged to the Brazilian Real

São Paulo, November 18, 2024 — Mercado Bitcoin (MB), the largest digital asset platform in Latin America, has announced the launch of MBRL, a stablecoin pegged to the Brazilian Real (BRL) and built on the TRON blockchain. This new digital asset aims to bridge the trust and stability of the Brazilian fiat currency with the flexibility and utility of blockchain technology, offering a fast, scalable, and secure solution for digital payments.

The MBRL Stablecoin: A New Era for Digital Payments in Brazil

The MBRL stablecoin is the latest innovation from Mercado Bitcoin, designed to offer users a reliable and accessible store of value. By leveraging the TRON blockchain, Mercado Bitcoin aims to provide a stablecoin that ensures liquidity for transactions around the clock, even on weekends and public holidays.

Thanks to the integration with TRON’s blockchain, MBRL can be easily used within blockchain wallets, decentralized finance (DeFi) platforms, and decentralized applications (dApps). This accessibility is a key feature, allowing users to easily send and receive payments without the delays or high costs typically associated with traditional financial systems.

Why TRON?

The decision to use TRON’s blockchain for MBRL was driven by TRON’s reputation for speed, low-cost transactions, and scalability. The TRON network has become a trusted platform for developers, businesses, and individuals globally, offering a layer-1 open-source blockchain protocol that handles high volumes of transactions with ease. As of November 2024, TRON has more than 271 million user accounts and has processed over $14 trillion in total transfer volume.

With MBRL, Mercado Bitcoin is tapping into these advantages to offer its users faster, more reliable transactions. This is particularly important for use cases like remittances, micropayments, and peer-to-peer transfers, where speed and low fees are crucial.

A Key Milestone for Mercado Bitcoin and the Brazilian Crypto Community

The launch of MBRL marks an important milestone for Mercado Bitcoin, which has established itself as a leader in Latin America’s digital asset space. The platform, which now serves over 4 million customers, has long been committed to providing users with secure, transparent, and innovative financial solutions.

Lucca Benedetti, Product Analyst at Mercado Bitcoin, highlighted the significance of the launch: “The introduction of MBRL is a major step forward for both Mercado Bitcoin and the growing crypto community in Brazil. The TRON blockchain has already seen widespread adoption in the region, and with MBRL, we are further strengthening our position within this ecosystem.”

MBRL is designed to make digital currency accessible to a broader audience in Brazil. Users in supported regions can purchase MBRL directly through Mercado Bitcoin’s platform or issue MBRL stablecoins by depositing BRL. The MBRL stablecoins are issued and managed by MB Pay, Mercado Bitcoin’s affiliated payment institution, ensuring secure custody and management of assets.

TRON’s Growing Influence in Latin America

Sam Elfarra, Community Spokesperson at TRON DAO, expressed his excitement about MBRL’s integration into the TRON ecosystem: “We are thrilled to see MBRL launch on the TRON blockchain. This is a significant step in our mission to provide accessible, efficient, and scalable blockchain solutions. The launch of MBRL will play a crucial role in accelerating blockchain adoption across Brazil and Latin America.”

TRON’s growth in Latin America has been impressive, with the network becoming a popular choice for users and developers seeking efficient blockchain solutions. In addition to its popularity for financial applications, TRON has also integrated with government initiatives, such as its designation as the national blockchain for the Commonwealth of Dominica in 2022.

What’s Next for Mercado Bitcoin?

Mercado Bitcoin’s launch of MBRL is just the latest in a series of steps to enhance its offerings to users. By incorporating blockchain technologies like TRON, Mercado Bitcoin is positioning itself at the forefront of the digital finance revolution in Latin America. As the platform continues to grow, MBRL could play a key role in driving the adoption of digital assets and cryptocurrencies across the region.

With the launch of MBRL, users can now enjoy fast, cost-effective, and secure digital payments while benefiting from the stability of the Brazilian Real. Mercado Bitcoin’s commitment to innovation and security continues to set it apart as a leading player in the rapidly evolving cryptocurrency market.

About Mercado Bitcoin

Founded in 2013, Mercado Bitcoin is the leading digital asset investment platform in Latin America. With over 4 million users, Mercado Bitcoin is recognized as a pioneer in the blockchain and tokenized economy, offering a wide range of digital asset services. Mercado Bitcoin is Brazil's first crypto unicorn and has maintained high standards of transparency and financial integrity, with audits conducted by EY since 2022.

About TRON DAO

TRON DAO is a community-governed decentralized autonomous organization focused on advancing the decentralization of the internet through blockchain technology and decentralized applications (dApps). Since its inception in 2017, the TRON network has become one of the most widely adopted blockchain protocols, with over 271 million user accounts and more than $18 billion in total value locked (TVL) as of November 2024.

In addition to its impressive growth in user accounts and transaction volume, TRON made headlines in 2022 as the national blockchain of the Commonwealth of Dominica. TRON’s commitment to decentralization and global adoption continues to drive its success.