Ripple and Mercado Bitcoin launch a new cross-border payment solution in Brazil, improving operations between Brazil and Portugal and aiming for expansion to corporate and retail clients 🚀

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Ripple has partnered with Mercado Bitcoin, one of the largest cryptocurrency exchanges in Latin America, to launch a new international payments solution in Brazil. This partnership will enable businesses to make faster, cheaper, and more efficient cross-border payments using Ripple's managed solution.

In the first stage, Mercado Bitcoin plans to use Ripple's technology to improve its internal operations between Brazil and Portugal. In the future, the service will be expanded for corporate and retail clients.

This collaboration marks an important step for Ripple in expanding into the Latin American market.

This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.

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