Please enter CoinGecko Free Api Key to get this plugin works.
Please enter CoinGecko Free Api Key to get this plugin works.
HomeCrypto NewsXRP News: Ripple Teams Up with Unicâmbio to Ignite Portugal-Brazil Payments

XRP News: Ripple Teams Up with Unicâmbio to Ignite Portugal-Brazil Payments

-

Ripple has announced a strategic partnership with Portuguese currency exchange provider Unicâmbio, marking its debut in the Portuguese market and turbocharging cross-border payments between Portugal and Brazil.

The XRP Ledger

At its core, Ripple leverages the XRP Ledger—a robust digital asset infrastructure that enables near-instant transactions across various currencies, be it fiat or crypto. With this latest move, Unicâmbio’s corporate clients can now settle funds in minutes, sidestepping the sluggish, high-cost traditional payment systems that have long frustrated global commerce.

xrp news

Cassie Craddock, Ripple’s Managing Director for the UK & Europe, summed it up perfectly: “Portugal has developed a thriving crypto ecosystem, so we are delighted to open up our payments solution to partners there.” By bridging its payment networks between Portugal and Brazil, Ripple isn’t just speeding up transactions; it’s also fortifying the economic and cultural ties that bind these two nations together.

Ripple In Latin America

This isn’t Ripple’s first rodeo in Latin America. The company already counts heavyweights like Travelex Bank and Mercado Bitcoin among its partners in Brazil. But entering Portugal is a game changer—an acknowledgment of the country’s burgeoning crypto scene and a strategic expansion into new European markets.

Ripple’s tech isn’t just about speed. Its platform, backed by over a decade of experience and more than 60 regulatory licenses across multiple jurisdictions, processes over $70 billion in volume and covers 90+ payout markets globally. By digitizing and streamlining the way money moves across borders, Ripple is setting new benchmarks for efficiency and cost-effectiveness.

Adriana Jerónimo from Unicâmbio highlighted the transformative potential of this collaboration: “Portugal and Brazil share deep economic and cultural ties, with significant money flows between the two countries. By leveraging blockchain technology, we’re transforming money movement between the two nations.” With near-instant settlements and drastically reduced costs, the benefits of blockchain are no longer just a theoretical promise—they’re a tangible reality.

In an era where the old guard of finance is being challenged by nimble, blockchain-powered solutions, Ripple’s latest partnership is a clear signal: the future of cross-border payments is here, and it’s faster, cheaper, and decidedly digital. While some critics may dismiss these moves as mere hype, the numbers and global partnerships speak for themselves. Ripple is not just participating in the evolution of financial technology; it’s actively rewriting the rulebook.

Watch – XRP Price Analysis Video

 

LEAVE A REPLY

Please enter your comment!
Please enter your name here

LATEST POSTS

S&P 500 Enters Correction Territory, What Does This Mean For BTC?

The S&P 500 has now entered correction territory, defined as a 10% decline from its all-time high. A further 10% drop would signal a bear...

Top Dex Aggregator 1inch Expands to Linea for Better Trading Experience

Key Takeaways Integration: 1inch, a leading decentralized exchange (DEX) aggregator has expanded its services to Linea which is a zkEVM Layer 2 network developed by ConsenSys....

Qubetics Crypro Presale Surpasses $15M—Redefining Web3 And Next-Level Security

With a steadfast commitment to cross-chain interoperability, AI-driven blockchain development, enhanced privacy solutions, and seamless tokenized asset trading, Qubetics is at the forefront of reshaping...

Can ETH Regain $2000 level in Short-term

Eth is still trading below $2000 level and the coin can be bought for a quick target of $2000 for a small scalp trade. In this...

Most Popular