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In a recent blog post, the firm announced that Travelex, a foreign exchange firm, would aid Ripple in providing ODL services to Brazilians. This would reportedly mark the Ripple Labs Inc on Thursday announced that it has launched On-Demand Liquidity (ODL) services in Brazil. Despite being strangled in the lawsuit against SEC, the Ripple’s collaboration with Brazil’s Travelex Bank exemplifies this trend, with the bank initially supporting payments between Mexico and Brazil using Ripple’s ODL solution. A Ripple, empresa que utiliza a XRP, sexta maior criptomoeda do mundo em valor de mercado, em suas soluções, anunciou nesta quinta-feira, 18, uma parceria com o Mercado Bitcoin, Latin America's largest cryptocurrency exchange, will be the first customer in Brazil to utilize Ripple’s managed end-to-end payments solution, which SAN FRANCISCO & SAO PAULO – Ripple, the leading provider of enterprise blockchain and cryptocurrency solutions, today announced the launch of Travelex Bankthe first in the country to operate exclusively in foreign exchangehas partnered with Ripple to improve cross-border flows for their customers using Mercado Bitcoin use Ripple’s service to improve its internal treasury operations between Brazil and Portugal, Ripple said in a statement. The aim is to offer its

Ripple Expands ODL to Brazil with Travelex Bank as XRP Price Dips to $0.34

Ripple Labs Inc. announced the launch of On-Demand Liquidity (ODL) services in Brazil. This expansion comes despite the ongoing lawsuit against the SEC, showcasing Ripple's commitment to growth in the Latin American market. The cryptocurrency, XRP, which is integral to Ripple's solutions, has seen a slight drop to $0.34 amidst this news.

In a recent blog post, the firm announced that Travelex Bank, a foreign exchange firm, would aid Ripple in providing ODL services to Brazilians. This would reportedly mark the first in the country to operate exclusively in foreign exchangehas partnered with Ripple to improve cross-border flows for their customers.

The Ripple’s collaboration with Brazil’s Travelex Bank exemplifies this trend, with the bank initially supporting payments between Mexico and Brazil using Ripple’s ODL solution. The aim is to offer its clients faster and more cost-effective international money transfers.

SAN FRANCISCO & SAO PAULO – Ripple, the leading provider of enterprise blockchain and cryptocurrency solutions, today announced the launch of Travelex Bank. A Ripple, empresa que utiliza a XRP, sexta maior criptomoeda do mundo em valor de mercado, em suas soluções, anunciou nesta quinta-feira, 18, uma parceria com o Mercado Bitcoin.

Mercado Bitcoin, Latin America's largest cryptocurrency exchange, will be the first customer in Brazil to utilize Ripple’s managed end-to-end payments solution, which will streamline internal treasury operations between Brazil and Portugal. Ripple said in a statement that Mercado Bitcoin will use Ripple’s service to improve its internal treasury operations between Brazil and Portugal.

While XRP's price hovers around $0.34, this move signals Ripple's continued expansion and adoption of its ODL technology in key global markets like Brazil, potentially influencing future price movements as adoption increases. Stay tuned for further updates on Ripple's developments in Brazil and the wider cryptocurrency market.

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