bbr

Polygon announced on the X platform that Brazil's largest foreign exchange bank is expanding its Brazilian real stablecoin BBRL to the Polygon network. Users can achieve near-instant transfers and enjoy lower fees through this network, while accessing an active stablecoin ecosystem.This move aims to provide Grupo Braza and its users with a pathway to connect the Brazilian real with global markets, supporting international payments, investments, and business activities under the new financial internet framework, further expanding its payment chain capabilities.

According to ChainCatcher news and Santiment data, last night 308.2 million PHA tokens (worth 53 million USD) were transferred to a bridge contract address as a computation reward.It is reported that previously Phala, through #41 proposal, minted 308.2 million PHA and deposited it into the SubBridge PHA reserve to enable PHA transfers. In the future, the community team will regularly transfer funds based on the balance of the Phala and Khala subsidy pools to ensure that both chains have enough tokens to pay for computation rewards. (Source link)