Ripple Expands in Brazil

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Ripple has announced a major expansion in Brazil, strengthening its role in one of the world’s fastest-growing financial markets. The company now offers a full suite of services for institutions, including cross-border payments, digital asset custody, prime brokerage, and treasury management. Ripple also plans to apply for a VASP license with Brazil’s Central Bank, aligning with new regulations. President Monica Long said Brazil remains a key market for Ripple’s long-term growth strategy.