Brazilian real stablecoins: $79M → $121M supply. 1.7K → 35K holders. 21x holder growth, driven by 5 different BRL-pegged tokens — BRZ ($90M, the largest by supply), BRLA (26K holders, fastest growing), BBRL, BRL1, and BRLT. Each serves a different corridor. BRZ is the institutional workhorse. BRLA connects PIX to onchain settlement via Visa card spending. Brazil's 2025 regulatory framework is accelerating all of them. Read more about Brazilian real stablecoins, and dive deeper into BRLA, in our report with @Visa → https://dune.com/stablecoin-report?utm_source=twitter&utm_medium=social&utm_campaign=brlpost(Dune | We Are Hiring!)