Ripple Partners with Unicambio to allow for remittance of Portugal-Brazil

Riplle He has expanded his presence in Europe through partnership with Unicambio, Portuguese Cripto exchange.

This partnership is set to simplify Cross-border payments Between Portugal and Brazil using breaking pads, according to 10. February statement.

Cross-border payments

The company announced that this move is a significant step in its expanding strategy for improving financial connection between two nations. Through payment in Ripple, corporate clients Unicambio can quickly and efficiently transfer funds, reducing delay from processing and operational friction.

Using Ripple Blockchain solution, Unicamio users will get access near current settlements, eliminating inefficiency found in traditional payment networks. This move is part of Ripple’s commitment to optimize global remittances using digital assets and blockchin technology.

Ripple has already established a strong presence in Brazil through associates with financial companies such as Travelek Bank and Mercado Bitcoin. Travelex uses Ripple’s canvas of 2022. year, while Mercado Bitcoin, the largest CRIPTO exchange in Latin America, Integrated its solutions at the end of 2024. Years.

Cassie Craddock, regulating Ripple Director for the UK and Europe, said that she unicamio partnership was a significant turning point in the European expansion of the company. She emphasized that integration would improve the growing CRIPTO ecosystem of Portugal, and demonstrates the expertise of the company in the tokenization of real-world assets.

Škad added At K:

“This is the first scheduling payment payments in Portugal and brings immediate cross-border payments in Corridor Portugal-Brazil. Portugal’s successful CRIPTO ecosystem makes it the perfect next step for Ripple in Europe.”

UNICAMBIO member Adriana Jeronimo pointed out the broader influence of partnership, describing it as an expansion of economic and cultural links between two nations.

Jeronimo said:

“Using Blokchain technology, we transform money between two nations. Payment solution Enabled Ripple CRIPTOs allows the current setting and drastically reducing the costs, providing real value to our customers.”

With this last expansion, payment for breaking now operates in more than 90 markets of payments, which cover over 90% of daily foreign exchange transactions, which amount more than 70 billion dollars in volumes.

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