Loopscale is one of those markets where you can do lend, borrow and keep the deposits in the vaults. So now they are extending into the crypto and the real world currency pairs. In past everything was done with the USDC but now things are extended for the other markets. Brazil being a new market being open for the people now. 

Here the credit market is being launched with the brazil denomination real for the pair. So this goes to show that this is going to be a new norm for the credit market to have local currencies. 

Brazil's treasury bonds are now on the LoopScale. So the pair is TESOURO/BRZ pairs are now available to access there. Now the BRZ is a stablecoin which is being used in the credit market. What does this prove? It proves you have Brazilian market being opened. Solana is being considered in the Brazil market. 

You can deposit either BRZ or TESOURO and still get to work with the credit market investment. And it can be pretty cool to see how the brazils inclusion would slowly trigger other nations getting into the same model as well. 

If you happen to like my content in tech and crypto, you can check out my X/twitter profile.