Ripple Payments Debuts in Brazil Through Strategic Partnership with Mercado Bitcoin

Image of Brazilian currency

Ripple, a leader in digital asset infrastructure, has partnered with Mercado Bitcoin to introduce its Ripple Payments solution in Brazil, marking its debut in the Latin American market. Mercado Bitcoin, the region’s largest cryptocurrency exchange, will be the first in Brazil to utilise Ripple’s end-to-end payments solution. This technology enables businesses to leverage blockchain for […]

Ripple Commences Beta Testing of USD-Backed Stablecoin on XRP Ledger

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Ripple has begun beta testing its new stablecoin, Ripple USD (RLUSD), on the XRP Ledger (XRPL) and Ethereum mainnet. The stablecoin, backed 1:1 by US dollar reserves, is aimed at enhancing liquidity, driving institutional use, and supporting cross-border payments. Currently undergoing rigorous testing by enterprise partners, RLUSD is not yet available for purchase or trading. […]

Ripple Complete Key Acquisition in Preparation to Launch USD-Backed Stablecoin

Photo of New York's Financial District

Earlier this year, Ripple announced its intent to acquire Standard Custody & Trust Company, a regulated digital asset custodian. Following regulatory approval, Ripple announced that the acquisition is now complete, and they have concurrently appointed Jack McDonald, CEO of Standard Custody, as Ripple’s Senior Vice President of Stablecoins, bringing extensive experience in investment banking, asset […]

Insights from Ripple’s 2023 Trends in Regional Payments Report

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Source: Ripple The global payments industry is evolving at an unprecedented pace. The race is on to stay ahead of dramatic shifts in consumer preferences, regulatory changes, and technological innovations. A consistent theme across these advances is the use of modern payment solutions, including blockchain-enabled payments, to realize faster, more inclusive, and transparent customer experiences.  […]

An Accelerated Shift to Instant Payments Across Europe

An aerial view of Europe showcasing instant payments across the region

Source: Ripple (This post was originally published in 2022 and has been updated as of May 2024) Instant payments continue the forward march as the transaction method of choice for consumers and businesses across the European Union and the United Kingdom. Entities like the European Commission (EC) are behind the progress, working to build more […]

Exploring the Potential of Central Bank Digital Currencies in Africa

Two people making mobile payments

Source: Ripple (This post was originally published in 2022 and has been updated as of May 2024) A few reasons for the aforementioned financial exclusion include cost barriers to opening an account, high remittance fees, a lack of identifying documentation, limited access to physical bank branches, and an economy that still largely operates on cash. […]

Ripple’s USD-backed stablecoin aims to bridge traditional finance and DeFi

Ripple's USD-backed stablecoin aims to bridge traditional Finance and DeFi

The stablecoin market is expected to soar to a staggering $3 trillion within the next four years. In anticipation of this explosive expansion and recognising the escalating prominence of stablecoins in global financial ecosystems, Ripple has unveiled plans to introduce a new stablecoin pegged 1:1 to the US dollar (USD), fully backed by a combination […]

The Digital Evolution of Money, a New Whitepaper from Ripple

The Digital Evolution of Money, a New Whitepaper from Ripple

The financial world stands on the brink of a historic transformation, as Central Bank Digital Currencies (CBDCs) are rapidly evolving. Ripple, a member of the Digital Pound Foundation, has this week published a brand new whitepaper entitled “The Digital Evolution of Money” and is a must-read for policymakers, financial experts, and anyone interested in the […]

Ripple: Demystifying Central Bank Digital Currencies

Ripple: Demystifying Central Bank Digital Currencies

Source: Ripple Central Bank Digital Currencies (CBDCs) have been making waves in the world of finance, offering a groundbreaking intersection between traditional fiat currencies and the digital realm. In this first piece of a broader series, we will delve into the world of CBDCs, explaining what they are, how they work, and why they are becoming […]

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