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Ripple has teamed up with #Mercado #Bitcoin, the largest cryptocurrency exchange in Latin America, to improve cross-border payment processes in Brazil through its comprehensive payments solution powered by blockchain technology, as announced on October 3. Mercado Bitcoin will be the first Brazilian client to implement Ripple's payment system, optimizing treasury functions between Brazil and Portugal. However, Ripple has specified that the service will not be accessible to individual customers for the time being. Currently unavailable to general users The initial effort will concentrate on institutional transactions between Mercado Bitcoin and its partner in Portugal. Looking ahead, Ripple aims to expand its services to include corporate and retail users, facilitating transactions in Brazilian Reais. #ripple #mercadobitcoin #blockchain #cryptocurrency #crossborderpayments #brazil #paymentsolution #ripplenews #rippleupdate #xrparmy #xrpcommunity
Duration: 10 sPosted : Thu, 03 Oct 2024 18:47:14Views
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