Ripple Expands in Brazil With $100B Payments Network, Targets VASP License Push
Key Takeaways:Ripple Targets Full Financial Stack in BrazilCross-Border Payments Drive AdoptionKey Institutional IntegrationsCustody and Tokenization Expand Institutional UseRLUSD Gains Traction Across Latin AmericaPrime Brokerage and Treasury Tools Enter the Market
The prime brokerage and treasury platforms are also other highly sophisticated financial services being offered by Ripple. These tools enable institutions to: The integration of these services will enable Ripple to assist banks to modernize their operations without using fragmented systems. The growth is indicative of a wider trend in that the use of blockchain infrastructure by traditional financial institutions is an attempt to remain relevant in international markets.
About Author
