US EditionRipple Launches Brazil Services But XRP Is Down 1%
Ripple integrates cross-border payments, custody, brokerage, and treasury tools in Brazil, serving banks and fintechs under new regulated crypto framework with a Virtual Asset Service Provider license.
- On Tuesday, Ripple launched digital asset services in Brazil and announced plans to apply for a Virtual Asset Service Provider license with the Central Bank of Brazil .
- "Latin America has always been a priority market for Ripple," Monica Long, president at Ripple, said, citing Brazil's advanced financial ecosystem as a key driver.
- The firm is deploying an integrated platform bundling cross-border payments, custody, brokerage, and treasury tools, with partners like Braza Bank already utilizing the system.
- Growth has been rapid, featuring the $1.25 billion purchase of Hidden Road, the $1 billion acquisition of GTreasury, and issuance of a $1.5 billion stablecoin via custody.
- XRP fell 1% on Tuesday as the company continues to scale, having processed over 100 billion in transactions across its payments ecosystem.
20 Articles
20 Articles
Ripple Expands Brazil Push as RLUSD Gains Institutional Use
Ripple has expanded its financial infrastructure in Brazil, targeting deeper institutional adoption and regulatory approval. The company introduced payments, custody, and treasury tools for local institutions. Meanwhile, it plans to secure a Virtual Asset Service Provider license under Brazil’s evolving digital asset framework. Ripple Expands Enterprise Services in Brazil Ripple has launched a full enterprise platform tailored for Brazil’s finan…
Brazil becomes Ripple’s next blockchain hub as RLUSD and XRP gain traction
Brazil is rapidly emerging as a central pillar of Ripple’s global expansion strategy, as the firm rolls out a full-stack blockchain financial infrastructure and sees growing adoption of its stablecoin, RLUSD, and native token, XRP, across the country’s financial sector. On March 17, the company announced that Brazil would host one of its biggest blockchain rollouts. Ripple builds a full blockchain platform for banks and fintech companies in Bra…
Ripple Unveils New Offerings For Banks and Fintechs In Brazil, Eyes Key License - Invest In Crypto News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ripple has announced plans to expand operations in Brazil, South America’s largest economy, aiming to improve its digital asset services in the country and obtain a key license from Brazilian regulatory authorities. The company revealed that it is now the only provider in the region capable of addressing a comprehensive range of financial needs, …
Ripple Expands Brazil with Payments, Stablecoins, and VASP License
Brazil sees faster cross-border payments as banks adopt digital tools and USD-backed stablecoins. RLUSD stablecoin gains traction, while custody and treasury services expand for Latin American firms. Expansion into Brazil reflects a broader strategy, highlighting compliance-focused growth in digital finance. Ripple is deepening its presence in Brazil with a move for digital finance in Latin America. The company plans to expand its payments, cust…
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