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# USDC Liquidity Partner for a Commercial Manager at an FX Brokerage: Operating Stablecoins Within Central Bank Rules in Brazil

> What a brokerage commercial manager checks before operating stablecoins within Central Bank rules with Crown FX as partner.

Before operating stablecoins within Central Bank rules, a commercial manager should verify the partner's status and the terms of the partnership. In September 2026 [Crown](https://crown-brlv.com) had its authorization application as a virtual asset service provider on file and operated under the transition regime.

**What Crown says it follows.** Customer identification, anti-money-laundering controls and reporting of operations under the rules in force, including Central Bank Resolutions 519, 520 and 521 of 10 November 2025. If requirements change, adapting is Crown's duty, not the client's.

Crown also operates under the transition regime the Central Bank set for providers already active in the market.

**What to confirm in the contract**

- The model (referral or liquidity provider).
- The share of the spread.
- Retention of the client relationship.

See [opening a Crown account as a company](https://stablecoinguide.com.br/how-to-open-a-crown-account-as-a-company-or-foreign-institution/), [API or OTC desk](https://stablecoinguide.com.br/should-i-use-the-api-or-the-otc-desk-for-crown-fx/) and [integrating a BRL stablecoin by API](https://stablecoinguide.com.br/brl-stablecoin-api-integration-sub-accounts-pix-webhooks/).