This is one of our asset classes and three things change when Brazilian receivables go on-chain:
Access. Investors outside Brazil can reach this asset class without an onshore account.
Speed. Settlement in RLUSD takes seconds.
Transparency. Funding and repayments are recorded on a public ledger instead of a monthly PDF.
That’s what we’re building at Laguna.
Access. Investors outside Brazil can reach this asset class without an onshore account.
Speed. Settlement in RLUSD takes seconds.
Transparency. Funding and repayments are recorded on a public ledger instead of a monthly PDF.
That’s what we’re building at Laguna.
Brazil has a roughly $180 billion credit market that most US investors have never heard of. It’s called the FIDC, and it’s one of the fastest-growing corners of private credit anywhere.
FIDC stands for Fundo de Investimento em Direitos Creditórios, which translates to “credit rights investment fund.” It’s a regulated fund that buys receivables, meaning the money companies are owed: invoices from customers, card payments waiting to settle, loan installments coming due.
The mechanics are simple. A company sells the invoices it’s owed to the fund and gets cash today, at a discount. The fund collects when those invoices are paid, and investors earn the difference.View quoted post on X
