Crown maintains BRLV at a fixed supply relative to user deposits while the underlying BRLY collateral accrues yield from Brazilian government bonds.

Crown BRLV is a non-rebasing Brazilian Real (BRL) stablecoin deployed on Base and backed 1:1 by Brazilian government bonds. It is engineered for payments, DeFi integration, and institutional treasury use; the underlying yield-bearing collateral layer (BRLY) accrues separately while BRLV maintains a fixed supply relative to deposits.

Crown is the issuer of BRLV, a non-rebasing Brazilian Real stablecoin, and the BRLY yield-bearing collateral layer.