[Paradigm Invests $13.5 Million in Brazilian Stablecoin Startup Crown] Foresight News reports, according to The Block, that crypto venture capital firm Paradigm has announced a $13.5 million investment in Brazilian stablecoin startup Crown. This round of funding values Crown at $90 million. This marks Paradigm's first investment in the Brazilian market, signifying its recognition of the potential of digital assets in emerging markets. Crown's BRLV stablecoin is pegged to the Brazilian Real and fully backed by Brazilian government bonds, making it the largest stablecoin in emerging markets globally. Unlike Tether, which offers zero interest, BRLV provides institutional clients with returns of up to 15% based on Brazil's benchmark interest rate. Currently, subscription amounts have exceeded 360 million Brazilian Reais (approximately $66 million).