Capa integrates BRL1, the stablecoin backed 1:1 by the Brazilian real, into its cross-border payments infrastructure on the Polygon network. This addition allows the digital real to circulate directly through Capa’s onchain FX stack without the need to pass through dollars or correspondent banks in the process.
Until now, a Brazilian fintech needing to settle with a counterpart in Singapore had to convert reals to dollars, route those dollars through the correspondent banking system, and wait days while spreads and reconciliation costs accumulated. With Capa, that operation executes in seconds at a cost of approximately one cent per transfer on Polygon.
By the close of December 2025, Polygon had settled more than $11.1 billion in cumulative non-dollar stablecoin volume, equivalent to 43% of all such transfers across major blockchains. Brazilian real-linked stablecoins account for more than $2.5 billion in historical volume on the network, distributed among BRZ, BRLA, and BRL1, the latter having processed $501 million in just six months since its launch.
What was missing was a clean pathway for those tokens to circulate through global payments infrastructure with the same fluidity as USDC or USDT.
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