Stablecoins are solving micropayments, with 97% cost savings for small transactions.
Costs to Transfer $1:
- Celo: $0.0002
- Stellar: $0.0004
- Solana: $0.001
- Base: $0.002
$1 in, $1 out.
Introducing Real MXN (MXNe), a Mexican Peso-backed stablecoin issued in partnership with
@etherfuse
on
@solana
and
@StellarOrg
MXNe was designed to transform on-chain payments, remittances, and payroll in the Mexican economy 🇲🇽
What does it actually cost transfer $1,000,000 in stablecoins? We did it to find out.
Solana - $0.0005
Stellar - $0.000001
Celo - $0.001
Polygon - $0.04
Avalanche - $0.26
Base - $1.11
Optimism - $1.16
What are the costs to send $1,000,000 in stablecoins? We did it to find out.
Stellar $0.000001
Solana $0.0002
Celo $0.0004
Polygon $0.001
Ethereum Classic $0.003
Base $0.005
Arbitrum $0.005
On-chain is now 10X - 1000X cheaper than traditional payments.
🚀 How to launch a regulated stablecoin
We're excited to announce our case study with
@glodollar
, a stablecoin that funds public goods through zero-cost philanthropy.
USDGLO was issued by Brale and is supported by
@StellarOrg
, Polygon Labs, Mento, and many others.
🧵
Businesses can now link bank accounts via Plaid to mint and redeem stablecoins without any fees. 🚀
Bank transfers are supported alongside wire, USDC, USDP, and additional payment methods.
Learn more 👇
We’re pleased to share that Base now supports
@CeloOrg
Blockchain! You can now create your own bespoke digital assets, including stablecoins, on CELO in a flash ⚡️
In October, we're on the move singing the stablecoin gospel everywhere we can. From London to Los Angeles, we're going to talk a lot about stablecoins 😀
We're excited to share our case study with
@etherfuse
Together we launched Real MXN (MXNe), the first Mexican Peso stablecoin on Solana and Stellar to transform on-chain payments, remittances, and payroll in Mexico 🇲🇽
🧵
We're excited to announce our newest case study with
@eth_classic
, the largest and most secure proof-of-work blockchain with smart contract functionality.
@Classic_USD
was issued by Brale, integrated into ETCswap and serves as a foundational asset for the ETC/USD market.
🧵
Might as well be chain week at Brale! Today we're looking at Avalanche by
@avax
- Creating a fiat backed stablecoin or digital asset on Avalanche is easier than ever. We've built the regulatory mapping and even put all that blockchain goodness behind a simple UI.
Built with
@buildonbase
, by
@Coinbase
. Projects can deploy bespoke fiat-backed stablecoins on Base, or create other digital assets. Zero to Base Mainnet in just a few minutes 🥳
Introducing Treasury, now in Alpha. Fund your bespoke multi-chain fiat-backed stablecoin project with off-chain or on-chain transactions. With treasury, you can launch your bespoke stable in an afternoon! 🤩
Let's go! 🎉 Just announced at
@SolanaConf
- Brale has added support for
@Solana
!!! Create regulated, fiat-backed stablecoins on Solana without any code and no minimums in less than 5 minutes.
Introducing Classic USD (USC), the first native fiat-backed stablecoin on
@eth_classic
@ETC_Network
Classic USD will support the growth of DeFi on Ethereum Classic as a key primitive for on-chain liquidity and miner payouts.
Learn more 👇
The team at
@raincards
makes it easy to run your corporate card program, leveraging the power of the VISA network, funded by bespoke stablecoins. Today, they're starting with SBC (Stable Coin)
Another day, another ⛓️! Today, we're looking at Celo by
@CeloOrg
. Deploying regulated digital dollar stablecoins on Celo, backed by fiat, is easier than ever. We've put all that Celo goodness behind a friendly UI to make things easy.
Introducing Base - enabling financial institutions to deploy and manage cross-chain stablecoins without engineering effort, using their own regulated treasuries.
We're elated to share that
@BitGo
, a industry leading qualified custodian and operator of the realtime Go Network, has added support for Brale issued stablecoins, including
@glodollar
!
Introducing our in-house Stable Coin, SBC. We’re looking for feedback on how you’d like to see a fiat-backed stablecoin evolve with the community. We’re releasing more information today in hopes it starts a conversation.
Stablecoins are growing 72% on top chains. We’ve compiled standards for the top 20.
• ERC-20 leads with 86% MC
• Solana’s grew 74% in 6 months
• Aptos, SUI, & TON are emerging
We're building to support native, interoperable stablecoins on all chains.
We've been gathering production data for the last year to understand blockchain speed and cost on a more granular level. They aren't the only things that matter, but speed and cost are always up there when making a payment!
We think
@citizenwallet
is a incredibly interesting project. A self-custody wallet pre-configured for communities. Leveraging account abstraction makes using stablecoins for new users of web3 technologies incredibly simple.
We're developing a new stablecoin on-ramp that mirrors everyday fintech transactions. $1 in, $1 out. 🔄
Supporting USDGLO, SBC, and all Brale-issued stablecoins on ten blockchains.
Reach out to our team to learn more and for early access.
Brale Business Accounts now support native USDC on Base, Arbitrum, and Celo.
Business accounts support $0 fee USDC onramps, offramps, and swaps, alongside USDP and Brale-issued stablecoins on 10+ blockchains.
Learn more 👇
🚀 Introducing Brale Business Accounts
Business accounts enable businesses to operate on-chain with $0 fee stablecoin deposits, withdraws, and swaps. Supporting USDC and USDP alongside Brale-issued stablecoins.
Pax Dollar on Solana is now supported for 1:1 swaps alongside USDC and Brale-issued stablecoins. ⚡️
USDP is the first stablecoin to leverage
@solana
Token Extensions to support compliance controls, powering regulated payments flows on a public network.
Brale is integrated with an ecosystem of blockchains, wallets, exchanges, and applications to support bespoke fiat-backed stablecoins. It's early days, and we're grateful for everyone we're building alongside 🤝
We've added support for
@arbitrum
@arbitrumcore
💙
Projects can now issue stablecoins with shared program revenue on Arbitrum in less than a few minutes. 🎉
Learn more 👉
Demo below: 👇
The Issuance API is now live!
On and off-ramp to third-party systems. Programmatically mint and redeem branded stablecoins on Stellar, Solana, Base, Arbitrum, Optimism, Celo, Polygon, and Avalanche.
For our demo, we minted on
@Stellar
in ~5 minutes. 🤩
We're working with the
@eth_classic
community to bring native stablecoins to Ethereum Classic to support DeFi and on-chain payments.
With sub $0.01 fees, ETC is the largest Ethereum-compatible POW network and is seeing a resurgence of new applications.
We've joined the
@glodollar
consortium. USDGLO is a fiat backed stablecoin that generates basic income for people in extreme poverty.
By embedding philanthropy into currency, Glo Dollar enables anyone to help end poverty simply by holding a stablecoin.
We've shared more of our findings based on other discussion threads. While we hope this information is helpful for some, we're also open to feedback about how to improve how we share this information and include estimations in the Brale product.
We're building the Brale ecosystem to make launching a stablecoin as easy as launching a website. 🚀
We're excited to share some best practices we've learned in launching new stablecoins. Learn about liquidity, on and off-ramps, and token registries.
The problem: The Ethereum Classic community needed a native stablecoin to support its growing DeFi ecosystem. The stablecoin needed blockchain interoperability, competitive fees, and regulatory compliance with the world’s largest capital markets for global adoption
By partnering with Brale, Ethereum Classic was able to launch in two weeks with integrated on and off-ramps, reserves management, and reporting.
Classic USD (USC) has since been integrated into ETCswap and serves as a foundation asset for the ETC/USD market.
The
@CantonNetwork
is laying the ground for the future of institutional adoption of stablecoins and CBDCs.
We're excited to partner with
@digitalassetcom
and 30+ institutions to revolutionize capital markets on Canton supporting the Global Synchronizer.
Testing bespoke digital assets, including stablecoins, has brought innumerable tools across our desks. We've found some that work wonderfully out of the box to share with you (
@rainbowdotme
,
@CoinbaseWallet
,
@phantom
,
@MetaMask
). Happy testing 😉
We’re happy to contribute to
@coinchangeio
’s report on the Stablecoin Landscape and the Remittance Use Case, along with
@glodollar
,
@hedera
, and others.
Stablecoins contribute to reduced settlement time, liquidity, and increased transparency.
The future is multi-chain. It includes both private and public blockchains. We've decided to make that a little less complicated by sharing what we've learned.
@etherfuse
@solana
@StellarOrg
Stablecoins are seeing significant adoption in Mexico, and MXNe will further support Mexican merchants and consumers through reduced conversion fees and retaining value in the local community.
We're hiring!
We're opening our Q3 hiring cohort today, all roles remote:
- Front End Engineer
- InfoSec Engineer
- Full Software Engineer
- Financial Controller
If you know someone who could be a good fit, we'd love to hear from you.
🔴✨ Projects can now deploy bespoke fiat-backed stablecoins on Optimism, by
@optimismFND
. Create your regulated custom stablecoin on Optimism in about ~10 minutes. 🔴 ✨
A few weeks ago we released the Stable Coin (SBC) whitepaper for feedback. After incorporating community feedback we are making it available for download.
Yesterday we released Optimism, by
@optimismFND
. Shipping a new regulated stablecoin on Optimism is fast, compatible with all other chains, and works out of the box in the Brale UI. 👇
By partnering with Brale, Etherfuse was able to launch in less than a month with integrated cross-currency swaps, reserves management, and reporting.
MXNe demonstrates the potential for Sovereign Coins to enhance value capture in local communities. Much more to come.
The Brale CLI is now available! 🙌 Use the Stablecoin Issuance API right from the command line.
The CLI provides convenient access to all the features of the API and streamlines minting and redeeming stablecoins. 👉 . .
You can now deploy digital assets and fiat-backed stablecoins on Stellar. Stellar has been implemented into Base, Treasury, and SBC supported by $0.00X transaction costs and near instant settlement time. Go
@StellarOrg
, go!
Stellar, by
@StellarOrg
is now available in the Brale dashboard. Creating new fiat-backed stablecoins on Stellar is alarmingly fast and it works right alongside it's EVM brethren. We've made it very simple to deploy on Stellar. 👀
You can now send stablecoins via e-mail link! 😉
Users can claim stablecoins on their preferred wallet without gas fees, making it easy to promote stablecoins in your community.
Watch us send
@glodollar
on
@base
in less than a minute. 🥳
Stablecoin onramps are evolving quickly, and we have conversations daily about the best way to support new stablecoins.
Learn more about strategies to support on and off-ramps for new stablecoins through Brale and leading providers 👇
@ETCswap_org
and the Ethereum Classic community have been a wonderful partner, and we're proud to support them in realizing the potential of Classic.
If you want to see how Brale can help issue an ecosystem native stablecoin, shoot us a DM. We're happy to help.
Managing team wallets can be difficult across blockchains and stablecoins.
@mpcvault
makes it simple for teams to do this and manage custom rules. It's an incredible solution, and it supports bespoke stablecoins issued by ;)
SBC ( ) is our example Stablecoin and it's used to demonstrate what is possible. The
@raincards
implementation rides on
@0xPolygon
and demonstrates ways of combining DeFi & CeFi in a way that simply works in everyday life.
The solution: Issue Classic USD with Brale's regulated issuance stack
Chris Mercer, Founder: "Brale is streamlining the regulated stablecoin issuance space and we are excited to work with them in developing Classic USD (USC), Ethereum Classic's premiere regulated stablecoin."
Simple attestations might be anything but simple. Here is a baseline for reserve attestations available for stablecoins at Brale. There are still open questions, like, how would you like to consume attestations and on what frequency?
There's also the LA one but they told us 🤫 IYKYK, I guess. If you're into making stablecoins, talking about stablecoins, launching stablecoins, or other stablecoin anything. Find the team live this month! The full list is here 👉
SBC isn't widely circulated yet, and even testing is minimal. This is intentional to get feedback from the community in the project's earliest days before SBC is made available to the business public. We look forward to your feedback.
Celo is EVM based and has one of the most welcoming ecosystems in DeFi. It's common wallet
@Valora
has fees paid in stables, avoiding gas complexity. Celo is never a cost or speed challenge when swapping to other chains. Check this $100K swap. Cost on Celo = $.00X!
🎈
@raincards
joins the Glo Consortium.
Glo Dollar (USDGLO) is now a supported asset on Rain 💳
↓
and you can use it to spend in Glo with virtual & physical company cards.
---
why you should consider rain + Glo for your spendings... 👇
Instant offramping of custom stablecoins is a real challenge as transactions go from on-chain to off-chain. The
@CoinflowLabs
team has made it fast, easy, and simple and they can do it for your project too! ->
The first is about novel banking technologies. Stablecoins will be present.
@jenny_colgate
&
@zachpettet
better be ready to talk money for people and agents. 😜
📣📣📣
The Glo Foundation is pleased to announce:
We've selected
@brale_xyz
to serve as the issuer of the Glo Dollar!
Here's why we're partnering with Brale, how Brale helps us, and how the Glo Dollar will be managed. 🧵
1/10
Many of the innovations we've run into around the Celo ecosystem are a product of tireless ecosystem building focused on resolving end user challenges. Huge thanks to
@marek_
for looping us in and our friend
@jeremykranz
for the nudge.
Celo stats: Time to new stablecoin ~30 seconds, cost per transaction ~$.00?, transaction time ~5 seconds. So, what else do we like about Celo? There's so much to like about it.
The problem: Glo needed a regulated issuance partner to bring USDGLO to market quickly and expand to new blockchains. They felt that developing a new company to handle reserve management, issuance, and compliance was resource-intensive and beyond their budget.
Ethereum Classic is the largest and most secure Proof-of-Work smart contract network in the world, with sub $0.01 transaction fees.
We’re excited to work with and the broader Ethereum Classic community to bring Classic USD to the ecosystem.
As a best practice, we've also decided to move to daily reserve attestations available online. You can see these reflected for USDGLO (
@glodollar
) here ->
To make things easier, digital assets deployed on Stellar are supported by a Brale custodial wallet with no need to preload XLM. It just works fast. ;) Just select Stellar as the selected chain and submit. Easy as that!
Glo Foundation has been a wonderful partner since the beginning, and we're proud to support them. Garm, Jasper, Bram, and co shaped many of the early features we built 😄
Classic USD is the premiere native stablecoin for Ethereum Classic’s DeFi ecosystem:
1) Trading against ETC and other native assets
2) Real-time payments on the most secure Proof-of-Work smart contract network
3) Collateral for perpetuals/derivatives and lending protocols
By partnering with Brale, Glo was able to launch quickly within budget with integrated on and off-ramps, reserves management, and reporting.
They've since been able to expand within the Ethereum and non-EVM ecosystems without any custom development - with more on the way.