XRP in Focus as Ripple Targets Portugal’s Crypto Ecosystem in Latest Partnership

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CoinDesk 1d ago

XRP in Focus as Ripple Targets Portugal’s Crypto Ecosystem in Latest Partnership - CoinDesk

Quick Summary:

Ripple payments use the XRP Ledger, where users can send and receive different currencies, including fiat money and crypto assets, through a network of financial institutions using the XRP token.

"By connecting our payment networks in Portugal and Brazil we are facilitating faster, more cost-effective cross-border payments, while strengthening the economic bridge between these two major markets.

Ripple on Monday partnered with Portuguese currency exchange provider Unicâmbio to support instant international payments between Portugal and Brazil using its payments platforms, which uses “digital assets” for faster and cheaper cross-border settlements.