Plume Network Drives On-Chain Brazilian Card Receivables via RWA Infrastructure

GemStone enables discounting of Brazilian card receivables on Plume Network, offering merchants near-term liquidity with USD hedging and institutional backing for on-chain settlement.

Rich by Coin

2026-01-09

BlackOpal announced on X that GemStone has launched on Plume Network, initiating the on-chain tokenization of Brazilian card receivables. GemStone is a sale-structured instrument that discounts receivables, with merchants receiving about 95% of sales upfront. When Visa or Mastercard settlements occur, the tokens are repaid at par.

The product uses a dollar-denominated structure with hedging, and MAS Capital Advisors has committed $200 million over three years. The initiative leverages institutional-grade RWA infrastructure to move Brazilian card receivables on-chain.