Ripple Partners with Unicâmbio to Enhance Portugal-Brazil Remittances
- Ripple has partnered with Unicâmbio, a Portuguese crypto exchange, to facilitate cross-border payments.
- This partnership aims to streamline transactions between Portugal and Brazil using Ripple Payments.
- Unicâmbio users will benefit from near-instant settlements, reducing traditional payment inefficiencies.
- Ripple Payments now operates in over 90 payout markets, covering more than $70 billion in daily foreign exchange transactions.
- Cassie Craddock, Ripple’s Managing Director for the UK and Europe, emphasized the significance of this expansion in Europe.
The collaboration between Ripple and Unicâmbio marks a significant step in enhancing financial connectivity between Portugal and Brazil, offering near-instant settlements and reducing costs compared to traditional payment channels.
Source (2.6.1)https://cryptoslate.com/ripple-partners-with-unicambio-enable-portugal-brazil-remittances/?rand=24433
