News and analysis on encrypted currencies, Blockchain and decentralized financing
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Ripple continues to expand its global presence through new strategic cooperation in Portugal and Brazil.
The company announced a partnership with UNicâmbio, one of the main Portuguese financial institutions, to provide an innovative solution to the encrypted payment between Portugal and Brazil. This agreement aims to improve cross -border payments, which makes it faster and more economical, thanks to the Ripple’s Blockchain technology.
Ripple expands in Portugal and Brazil
For the first time, the payment solution ripple It will be available in Portugal, and the unification of its presence in Europe. Portugal appears as a coding center and this cooperation represents a decisive step for the sector.
Thanks to the partnership with Unicâmbio, companies will be able to perform international transport between Portugal and Brazil within a few minutes, which greatly reduces costs and transactions compared to traditional banking methods.
Cassie Caradock, the administrative director of the United Kingdom Ripple and Europe, said:
“This collaboration is a milestone for European expansion for Ripple. Portugal has become a Blockchain reference point and we are excited to provide our solution to local partners.”
Ripple technology will allow smooth complementarity between payment networks in the two countries, thus strengthening the economic bridge between Portugal and Brazil.
Adriana Jeronimo, a member of the UNICâmbio Executive Council, stressed the transformative impact of Blockchain in the international payment sector. “The payment solution that supports encryption from Ripple allows a semi -fixed settlement, which greatly reduces costs compared to traditional methods and provides real value to our customers.”
Thanks to this innovation, users will benefit from more transparency, safety and speed in money transfers between the two countries, eliminating the typical shortcomings of the traditional banking system.
Retail zero and stablecoin: Merge RLUSD
In parallel, Zero Hash announced the expansion of its Stablecoin’s offer with the merging of RLUSD. This addition will allow zero retail customers to make transactions on both LEDGER XRP and ETAREUM (ETH), thus increasing the inter -operation between Blockchains. With RLUSD, zero retail now supports more than 65 digital assets, including five stablecoins, on different groups.
Edward Woodford, founder and CEO of Zero Hash, stated that this integration shows their commitment to providing organized and innovative Stablecoin solutions. The inclusion of the RLUSD within the ecosystem is the zero seizure of another step forward in improving access to digital currencies for institutional customers and retail.
Rupus strengthens the economic corridor between Portugal and Brazil
The partnership between Ripple and UNicâmbio represents a major development of across Border transactions between Portugal and Brazil. This initiative will not only help reduce economic barriers, but also help accelerate Blockchain technology in the European Financial Sector and South America.
With the addition of RLUSD with Hel Zero Hash, the coding scene continues to develop, providing more efficient and accessible solutions to international transactions.
Ripple, with the support of Stablecoin such as RLUSD and integration with ETHEREM (ETH), explains the increasing benefit in decentralized decentralization and financial sector.
This cooperation can pave the way for more developments in other markets and monotheism Ripple as a Blockchain global payment leader.
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