Polygon Partners with BRL1 and Capa for Digital Real Cross-Border Payments
Polygon Partners with BRL1 and Capa for Digital Real Cross-Border Payments
🇧🇷 Brazil's real goes global
Polygon has partnered with BRL1 and Capa to enable cross-border payments using Brazil's digital real without converting to dollars.
Key Details:
- BRL1, Brazil's most traded real-pegged stablecoin, is now live on Capa's payment infrastructure built on Polygon
- Cross-border transactions settle in seconds using Capa's onchain-FX stack
- The integration deepens local currency payment capabilities and stablecoin foreign exchange
- Payments bypass traditional dollar-based settlement rails
This collaboration aims to accelerate adoption of digital real in global payment systems by providing faster, more direct currency conversion.
We're joining forces with BRL1 and Capa to accelerate the use of the digital real in global payments by deepening integrations with local currency payments and stablecoin FX. Read more: polygon.technology/blog/brazils-r…
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