$BRS, the Brazilian Real-backed stablecoin issued by Nora Finance, is live on Polygon with onchain liquidity now available via Uniswap — users can swap BRS directly for USDC onchain. The token is pegged 1:1 to the Brazilian Real and issued by licensed minters.
- Nora Finance positions BRS as "Brazilian money, built for the onchain economy," adding Polygon as another network in its growing ecosystem.
- The launch brings BRL-denominated balances and payments to more builders and onchain applications, with the Uniswap listing giving the token tradable liquidity.
- Polygon framed the onboarding of BRS as extending its stablecoin settlement rails to Latin America.