BlackOpal Launches GemStone to Tokenize Brazilian Credit Card Receivables with 13% Yield
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 09 2026- Innovative Financial Product: BlackOpal's launch of the GemStone initiative aims to tokenize Brazilian credit card receivables, offering an annualized yield of 13% with USD-denominated and FX-hedged returns, significantly mitigating currency volatility risks typically associated with emerging markets.
- Significant Market Opportunity: GemStone targets an estimated $100 billion market in Brazilian credit card receivables, which has historically seen limited institutional capital participation due to settlement delays and structural risks, positioning GemStone to bridge this gap.
- Liquidity Enhancement: By utilizing GemStone, Brazilian merchants can sell their receivables at a discount for immediate cash, significantly improving working capital efficiency and enhancing their competitive position in the market.
- Risk Control Mechanism: The assets are classified as Baa2 investment grade and protected by BlackOpal’s proprietary Repayment Intercept System, ensuring repayments are directly intercepted from major counterparties like national banks, Visa, and Mastercard, thereby substantially reducing default risk.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
