Ripio's WBRL Stablecoin Seeks Parity with Brazilian Real
Ripio's WBRL stablecoin is designed to maintain parity with the Brazilian real (BRL) and is issued as an ERC-20 asset across various EVM networks. This token is used for BRL-denominated balances, transfers, payments, on/off-ramp flows, and DeFi integrations. According to Ripio, WBRL is backed by Brazilian real reserves held in a local bank account, with periodic attestations by local public accountants.
As of now, the current circulating supply of Real Brasilero (WBRL) is 7.25 million tokens, while the maximum supply also stands at 7.25 million. The market capitalization of WBRL is $1.40 million, with a 24-hour trading volume of $3.70.
Historically, the ATH for WBRL was reached on August 3, 2026, at a price of $0.1943. Currently, it's down by -0.01% from its ATH.