Cloak powers launch of BRS, Brazil's first private real stablecoin
- —BRS is Brazil's first private stablecoin pegged to the real, with confidential on-chain transfers
- —The launch runs on Cloak's technology with Norafinance as partner
- —Solana retweeted the announcement, widening its reach
Why it matters: Growing private stablecoin adoption could boost demand for privacy-focused projects and reshape confidential payments.
Source: Coinfomania