- Brazil now supports fast global payments through stablecoin swaps from BRL to USD or EUR.
- Conduit and Braza cut payment delays by replacing slow wires with real-time digital transfers.
- Conduit enables 2-minute cross-border payments with AML compliance and programmable finance.
Conduit has partnered with Braza Group to introduce stablecoin-based foreign exchange swaps between Brazil and international markets. This service enables real-time settlements of Brazilian real to USD or EUR, bypassing the typical three-day delay associated with traditional banking. Customers can now complete cross-border transactions in minutes through Conduit’s blockchain structure and Braza’s stablecoin BBRL.
Stablecoin Integration Accelerates Global Settlements
According to a joint announcement, Braza Group minted the BBRL stablecoin pegged to the Brazilian real in February 2025. The FX service facilitates immediate swaps using BBRL and USD or EUR-backed digital assets for outbound payments from Brazil. Conduit acts as the infrastructure provider that supports the real-time transaction rails for the digital FX swaps.
Conduit CEO Kirill Gertman stated, “Creating seamless on-ramps between fiat and digital currencies, together with on-chain stablecoin FX swaps, has the potential to completely transform how cross-border payments are made.” Braza processed more than $67 billion in FX transactions during 2024, highlighting its liquidity capabilities. Additionally, the platform allows clients to seamlessly switch between fiat and stablecoins without delays associated with legacy infrastructure.
Additionally, Braza’s minting of BBRL stablecoins on the XRP Ledger ensures rapid token issuance for cross-border use. Once BBRL is minted, Conduit swaps it with USD or EUR digital equivalents and transfers the amount to the final recipient.
Related: Brazil Embraces XRP as Braza Bank Introduces BBRL Token/
What Does This Mean for the Future of Global Payments?
As settlement speeds increase, so does the efficiency of international trade and remittance transactions. Businesses using Conduit’s platform can now send payments abroad in as little as two minutes. Moreover, this tactic offers programmable finance, AML compliance, and transaction monitoring—all integrated into one solution.
A Citi forecast recently projected that the stablecoin market could grow from $250 billion to $1.6 trillion by 2030. This growth is driving financial institutions and lawmakers to explore the use of regulated stablecoins for payments. In response, U.S. lawmakers are currently advocating for a stablecoin-specific legal framework.
Furthermore, Conduit closed a $36 million Series A round in May 2025, boosting its capacity for innovation. Having launched its platform in September 2023, Braza has seen a 16-fold increase in volume in 2024. This partnership is one example of how global settlements are being redefined through the integration of stablecoin infrastructure with traditional foreign exchange (FX) banking.
