Ripple has partnered with Portuguese currency exchange provider Unicâmbio to enhance instant international payments between Portugal and Brazil. Utilizing its XRP Ledger, Ripple's payment platform allows users to send and receive various currencies, including fiat and cryptocurrency, through a network of financial institutions. This collaboration marks Ripple's first entry into the Portuguese market, enabling Unicâmbio's corporate clients to quickly settle payments, leveraging digital assets for more efficient cross-border transactions. Cassie Craddock, Managing Director for the UK & Europe at Ripple, emphasized the aim to strengthen economic ties between Portugal and Brazil while providing a cost-effective payment solution. This development underscores Portugal's growing crypto ecosystem and Ripple's continued expansion in global markets.

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