Brazil Is Ripple's Biggest Stablecoin Market Worldwide

Brazil Is Ripple's Biggest Stablecoin Market Worldwide

Key Points — Ripple president Monica Long said Brazil is the company’s largest market for stablecoin payments and its gateway into Latin America, with partnerships already running with fintech Nomad and Banco Genial — The company will apply for a Central Bank of Brazil license to operate as a virtual asset service provider, targeting the […] The post Brazil Is Ripple’s Biggest Stablecoin Market Worldwide appeared first on The Rio Times.

Ripple Expands Operations in Brazil as Institutional Digital Asset Use Grows

Ripple has announced an expansion of its operations in Brazil, increasing its focus on institutional use of digital assets. The move adds new product capabilities and a wider customer base, enabling the company to offer services across cross-border payments, custody, prime brokerage, and treasury management. The company also plans to apply for a Virtual Asset Service Provider (VASP) license with the Central Bank of Brazil, in line with the count…