Frax and Feather launch BRZ lending markets on Morpho and Polygon, bringing Brazilian real funding rates onchain for the first time.

DeFi & Yields · 2026-10-02

Frax and Feather have launched BRZ lending markets on Morpho and Polygon, establishing the first onchain funding rate for the Brazilian real. The deployment enables direct access to Brazil's interest rates through decentralized finance infrastructure across two blockchain networks.

Previously on Telem

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