This post was originally published on Coinspeaker
Key NotesBRD joins Crown’s BRLV as a yield-bearing stablecoin backed by Brazilian government bonds.Volpon served as Brazil Central Bank Deputy Governor from 2015-2016 before founding CF Inovação in 2023.Brazil’s new stablecoin regulations take effect February 2, 2026, classifying such transactions as foreign-exchange operations.
Former Brazil Central Bank official Tony Volpon announced BRD, a stablecoin pegged to Brazil’s currency that shares interest earned from its government bond reserves with holders.
The product enters a market where Brazil’s benchmark Selic interest rate stands at 15%, the highest level since July 2006.
Volpon’s company CF Inovação will issue BRD, targeting large financial institutions seeking access to Brazil’s high-yield government debt through a digital token structure.
The announcement came during the “Cripto na Real” program on Jan. 6. Official product documentation has not yet been released.
Lançamento Stablecoin BRD https://t.co/OIfWdgL42s via @YouTube
Uma nova – e bem diferente- stablecoin em Reais está chegando…
— Tony Volpon 🇧🇷 (@TonyVolpon) January 6, 2026
Volpon served as Deputy Governor for International Affairs at Brazil’s Central Bank from 2015 to 2016, where he participated in COPOM, the monetary policy committee that sets the Selic rate.
He spent more than 30 years in financial markets and held
— Read the rest of this post, which was originally published on Coinspeaker.
