Proposal to create BRT a stablecoin for the BRL (Brazilian Real).
Brazil is the 9th largest economy in the world according to World Population Review and is the 14th country in crypto adoption according to Chainalysis, thus creating a stablecoin pegged to it’s fiat currency will accelerate the adoption of decentralised stablecoins, enabling real-world use cases to be built to address the brazilian market.
Help me improve this proposal
If you are familiar with the way these proposals work, please tell me if this is enough of an argument to propose this for real.
If there are further data that should be contained here, please let me know. I’m writing here first to know if this really stands a chance of getting accepted or it it needs further work.