Moeda Social Bricelet
Digital social currency of São Cristóvão (Sergipe, Brazil), at 1:1 parity with the real and spendable only inside the municipality. Launched in April 2026 and operated through the city's own Banco Social Digital, it pays municipal food-assistance benefits in bricelets that local merchants redeem, with around R$600,000 expected to circulate in the local economy in its first phase.
Three-month-old municipal social currency on São Cristóvão's own digital bank — the newest arrival in Sergipe's municipal-currency wave, rated ahead of a comparable track record.
M69 Score
Scored against the Money2069 Manifesto — see methodology. Higher = more aligned.
Detailed Rating Breakdown
Issuance Model3x3.0
Debt-free municipal issuance at 1:1 BRL parity through the city's Banco Social Digital; single public issuer, budget-funded, elastic with program allocations; merchants can redeem to reais.
Spending Power Stability2x2.0
Parity with the Brazilian real imports Brazil's inflation; no independent stability mechanism and no track record yet — live since April 2026.
Fiat Independence & Interoperability2x1.0
Fully denominated in and funded by BRL; no independence from fiat at any layer.
Traction2x2.0
Live and expanding but roughly three months old: ~R$600,000 first-phase circulation via municipal workers' food allowance, merchant enrollment still in its first wave.
Sovereignty1.0
Custodial municipal platform; the city can halt or alter the system unilaterally.
Governance2.0
Standard municipal program governance under the planning secretariat; public-administration accountability but no independent monetary governance.
Resilience2.0
Depends on municipal budget and political continuity — historically the main killer of Brazilian municipal currencies across administration changes.
Inclusivity3.0
Financial-inclusion mandate; benefits flow to food-assistance recipients and value is locked to the local economy, though territory restriction limits universal access.