Mercado Bitcoin, the largest digital asset platform in Latin America, has announced the launch of the MBRL stablecoin on the TRON blockchain. This innovative means of payment combines the trust and stability of Brazilian fiat currency with the utility and ease of tokenization. The integration of MBRL with the TRON network aims to create a fast, accessible, and scalable smart contract platform, providing users with a reliable store of value that offers liquidity for withdrawals around the clock.
Lucca Benedetti, Product Analyst at Mercado Bitcoin, expressed excitement about the launch of MBRL, highlighting the positive effects it will bring to both MB and the growing crypto community in Brazil. TRON DAO Community Spokesperson, Sam Elfarra, also praised the launch, stating that it is a significant step forward in providing accessible, efficient, and scalable blockchain solutions globally. The versatility and robustness of the TRON network will play a key role in accelerating the adoption of blockchain technology across the region.
The TRON network, known for its efficiency in handling large and small transactions, boasts over 271 million user accounts and a total transfer volume exceeding $14 trillion. Its speed and cost-effectiveness make it popular among retail users for fast, frequent, low-value transactions. Leveraging the TRON network will allow Mercado Bitcoin to offer users faster, more reliable asset transfers with lower fees, enhancing the overall efficiency and accessibility of transactions for customers in supported jurisdictions.
Customers who wish to buy MBRL can do so on Mercado Bitcoin’s offer book or issue it directly with a deposit of BRL. MBRL stablecoins can be easily transacted in just a few seconds, with management and custody of assets carried out by MB Pay, Mercado Bitcoin’s payment institution. With 4 million customers in 11 years of operation, Mercado Bitcoin is the leading digital asset investment platform in Latin America, operating with the highest standards of transparency and financial integrity.
TRON DAO, a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps, has seen impressive achievements since its MainNet launch in May 2018. With over 271 million total user accounts, more than 8.9 billion total transactions, and over $18 billion in total value locked, the TRON network continues to gain traction. TRON was also designated as the national blockchain for the Commonwealth of Dominica in October 2022, marking the first time a major public blockchain partnered with a sovereign nation to develop its national blockchain infrastructure.
