Ripple has partnered with Unicmbio, a Portuguese currency exchange provider, to facilitate instant international payments between Portugal and Brazil. This collaboration marks Ripple’s first venture into the Portuguese market, leveraging its payment platforms that utilize digital assets for quicker and less expensive cross-border settlements. Corporate clients of Unicmbio can now transfer funds and settle payments in minutes, a significant improvement over traditional methods. The service operates on the XRP Ledger, allowing for the exchange of various currencies, including both fiat and cryptocurrencies, through a network of financial institutions. This initiative not only enhances the speed and cost-effectiveness of transactions but also fortifies the economic ties between these two key markets.
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional
Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes.The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
