- Braza Bank processed over $1B in stablecoin payments using XRPL.
- The bank is expanding beyond BBRL and USDB with a euro stablecoin.
- Ripple’s XRPL is driving Brazil’s push toward blockchain-powered finance.
The XRP Ledger (XRPL) continues to strengthen its role in global finance as Brazil’s Braza Bank reportedly processed over $1 billion in stablecoin payments using its BBRL token in Q3 2025. The milestone, highlighted by Stake City founder Luke Judges on X, underscores the increasing adoption of XRPL-based assets by financial institutions.
BBRL and USDB Gain Traction on XRPL
Launched earlier this year, BBRL, a Brazilian Real-pegged stablecoin, forms part of Braza Bank’s broader strategy to bridge traditional finance with blockchain infrastructure. Shortly after its debut, the bank introduced USDB, a U.S. dollar-backed stablecoin secured by U.S. and Brazilian government bonds.
Both tokens leverage the scalability of XRPL to facilitate cross-border transactions, mass payouts, and settlements. Ripple previously confirmed Braza processed an impressive $1.079 billion in stablecoin transactions in a single day in April, further validating the bank’s rapid growth in blockchain-powered finance.
Minting Growth and Market Position
In July, Braza minted over $42 million worth of BBRL, signaling accelerating adoption across Brazil’s financial ecosystem. The bank, which reported a balance sheet exceeding $500 million in 2024, currently ranks sixth in the country’s interbank market. Its adoption of XRPL positions it as a pioneer in stablecoin integration for real-world asset settlements.
Euro Stablecoin on the Horizon
Looking ahead, Braza is preparing to expand into Europe. Judges revealed that the bank has a “line of sight” to launching a euro-denominated stablecoin, which could reach similar transaction volumes as BBRL and USDB. Managing BRL, USD, and EUR stablecoins simultaneously on XRPL would create a powerful infrastructure for global currency flows.
Ripple executives emphasize XRPL’s efficiency, compliance, and reliability for regulated institutions. Silvio Pegado, Ripple’s LATAM Managing Director, noted that the ledger is built to support large-scale financial operations, a factor driving Braza’s participation in the Brazilian Central Bank’s DREX project.
Braza CEO Marcelo Sacomori projects that USDB alone could capture 30% of Brazil’s USD-pegged stablecoin market by 2026. Sacomori further believes stablecoins will dominate global foreign exchange within the next five years, with Braza positioned to lead this transformation.
Also Read: XRPL 2.4.0 Update: Major Security Upgrades, Dynamic NFTs, and Migration to New UNL
With over $1 billion in stablecoin payments already processed and plans for a euro stablecoin underway, Braza Bank is emerging as a key player in reshaping cross-border finance through the XRP Ledger.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of CoinBrief.io. Before making any investment decisions, you should always conduct your own research. Coin Brief is not responsible for any financial losses.
