Statter Network is the world’s first full-service public blockchain platform for the metaverse ecosystem. It aims to build a high-performance and high secure infrastructure for metaverse developers, creators and players.
Centering on the infrastructure positioning, Statter innovatively created drag-and-drop technology for public blockchain generation, with which developers could build new public blockchains as easily as playing with LEGO. The drag-and-drop public blockchain generation technology satisfies metaverse application's demands for a multi-functional public blockchain; research and develop DID aggregation protocols to achieve interoperability of cross-chain digital identities; with the scalability of Sharding and DAG technology, it achieves 100,000 TPS on the main chain and transactions are confirmed within seconds; adopts a multi-layer structure with high cohesion and low coupling; and supports parallel multi-chain and multi-consensus.
Statter is an open ecosystem and platform that offers infrastructure connections in the plugin App market for 3D engines, GIS, edge computing, edge rendering, decentralized storage, digital twin, and computer vision, among others. Statter provides comprehensive services for developers to construct the metaverse from fundamental theory to a realm beyond reality by utilizing drag-and-drop technology for public blockchain generation, based on the multi-chain operation platform and the metaverse plugin App Market.
BRL information
About the Brazilian Real (BRL)
What Is the Brazilian Real (BRL)?
The Brazilian Real (BRL), symbolized as R$ and denoted by the ISO code BRL, is the official currency of Brazil. The term "real" in Portuguese means both "royal" and "real." The Brazilian Real is the sole legal tender in Brazil, used across this vast country, which is the largest in both South America and the Latin American region. It facilitates all forms of financial transactions within the nation, from everyday purchases to large-scale business dealings.
The Brazilian Real is issued and regulated by the Central Bank of Brazil (Banco Central do Brasil), which is the primary monetary authority in the country. Established on December 31, 1964, the Central Bank is responsible for ensuring the stability of the currency's purchasing power and the soundness of the national financial system.
What Is the History of BRL?
The modern Brazilian Real was introduced on July 1, 1994, during the presidency of Itamar Franco. This was part of the Plano Real, a substantial plan to stabilize the Brazilian economy. The currency replaced the cruzeiro real at a rate of 1 real = 2,750 cruzeiro real. Initially, the real was pegged to the U.S. dollar, which helped stabilize its value. However, in 1999, following the Russian debt default and ensuing global financial crisis, Brazil was forced to partially float the real against the U.S. dollar.
Notes and Coins of BRL
Brazilian coins are minted in denominations of 5, 10, 25, 50 centavos, and 1 Real. The banknotes, issued by the Central Bank of Brazil, come in denominations of 2, 5, 10, 20, 50, 100, and 200 Reals. These notes feature various security enhancements and are designed to aid the visually impaired.
Brazil has issued several commemorative coins and banknotes, including a 10 Real note for the 500th anniversary of Portuguese arrival and a 1 Real coin for the 2016 Summer Olympics.
What Is the Relationship Between BRL and USD?
The relationship between the Brazilian Real (BRL) and the United States Dollar (USD) is a significant aspect of international finance, particularly in the context of exchange rates and trade. Initially, upon its introduction in 1994, the Real was pegged to the U.S. dollar, establishing a fixed exchange rate to stabilize Brazil's then-volatile economy. This peg was part of Brazil's broader strategy to control hyperinflation and foster economic stability.
However, in 1999, Brazil shifted to a floating exchange rate system due to external economic pressures, notably the Russian debt crisis. Since then, the Real's value against the Dollar has been subject to market forces, including Brazil's economic performance, inflation rates, political stability, and global financial market trends. The USD/BRL exchange rate is a crucial indicator for both countries, influencing trade balances, investment flows, and economic policies.
STT to BRL conversion rate trend
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | R$1.87 | 0.0200% / 0.0320%  VIP 7 | |
Huobi | R$1.9 | 0.1000% / 0.1000% | Yes |
Gate.io | R$1.88 | 0.1000% / 0.1000% | Yes |
How to buy Statter Network
Buy STT (or USDT) for BRL (Brazilian Real) offers
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
Sell STT (or USDT) for BRL (Brazilian Real) offers
| Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
|---|
What factors influence the conversion rate of Statter Network to Brazilian Real?
Statter Network to Brazilian Real is falling this week.Conversion tables
The exchange rate of Statter Network is decreasing.STT to BRL
BRL to STT
Today vs. 24 hours ago
| Amount | 22:03 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 STT | $0.1506 | $0.1483 | +1.52% |
| 1 STT | $0.3011 | $0.2966 | +1.52% |
| 5 STT | $1.51 | $1.48 | +1.52% |
| 10 STT | $3.01 | $2.97 | +1.52% |
| 50 STT | $15.06 | $14.83 | +1.52% |
| 100 STT | $30.11 | $29.66 | +1.52% |
| 500 STT | $150.56 | $148.31 | +1.52% |
| 1000 STT | $301.13 | $296.61 | +1.52% |
Today vs. 1 month ago
| Amount | 22:03 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 STT | $0.1506 | $0.1895 | -20.52% |
| 1 STT | $0.3011 | $0.3789 | -20.52% |
| 5 STT | $1.51 | $1.89 | -20.52% |
| 10 STT | $3.01 | $3.79 | -20.52% |
| 50 STT | $15.06 | $18.95 | -20.52% |
| 100 STT | $30.11 | $37.89 | -20.52% |
| 500 STT | $150.56 | $189.46 | -20.52% |
| 1000 STT | $301.13 | $378.92 | -20.52% |
Today vs. 1 year ago
| Amount | 22:03 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 STT | $0.1506 | $0.6118 | -75.38% |
| 1 STT | $0.3011 | $1.22 | -75.38% |
| 5 STT | $1.51 | $6.12 | -75.38% |
| 10 STT | $3.01 | $12.24 | -75.38% |
| 50 STT | $15.06 | $61.18 | -75.38% |
| 100 STT | $30.11 | $122.37 | -75.38% |
| 500 STT | $150.56 | $611.83 | -75.38% |
| 1000 STT | $301.13 | $1,223.67 | -75.38% |
Statter Network price prediction
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