Jarvis Synthetic Brazilian Real Price (jBRL)

What is the project about?

We focus on non-USD synthetic fiat currency backed by USDC and yield-bearing assets (staked ETH, RWA etc.). Users can buy from/sell to, or borrow from the protocol. Since anyone can sell to the protocol for USDC, our jBRL is redeemable in USDC (or BUSD on BNB Chain).

What makes your project unique?

Redeemability for USDC (or BUSD). Number of integration (yield, fiat on/off-ramps)

History of your project.

We launched our first stablecoin in 2020.

What’s next for your project?

RWA such as Brazilian ETF, corporate, and government bonds to borrow against them.

What can your token be used for?

Yield, exposure to BRL, payment, fiat on/off-ramps