BRS (Brazilian Real Stablecoin) is a stablecoin developed by Nora Finance to represent Brazilian real-denominated value on blockchain networks. It targets a one-to-one relationship with the Brazilian real and is designed for payments, settlement and decentralized finance applications. Nora coordinates the infrastructure, while approved partners participate in primary issuance and redemption. The project connects Brazilian financial flows with programmable assets that businesses and developers can integrate into their products.