Ripple Partners with Unicâmbio to Bring Crypto-Enabled Cross-Border Payments to Portugal

Ripple Partners with Unicâmbio to introduce crypto-enabled cross-border payments in Portugal. This partnership marks Ripple’s entry into Portugal and further strengthens its presence in the European market. According to Ripple’s official announcement, the collaboration focuses on streamlining payment flows between Portugal and Brazil.

Ripple Partners with Unicâmbio to Revolutionize Payments Between Portugal and Brazil

Ripple’s partnership with Unicâmbio enables near-instant crypto-enabled payments between Portugal and Brazil. By leveraging Ripple’s blockchain technology, these transactions will occur in minutes, drastically reducing the time and cost associated with traditional payment systems.

Adriana Jerónimo, Executive Board Member of Unicâmbio, explained:

“Portugal and Brazil have strong cultural and economic ties, resulting in significant financial flows. Ripple Partners with Unicâmbio to transform these money transfers into instant, low-cost transactions, providing substantial value to our customers.”

Ripple Partners with Unicâmbio to Expand European Presence

Ripple’s crypto-enabled payment solution continues to grow across Europe, with Ripple Partners with Unicâmbio being an essential step in its European expansion. Cassie Craddock, Ripple’s Head of UK and Europe, shared:

“Our partnership with Unicâmbio is an essential milestone in our European expansion. We are excited to offer our payment solution to partners in Portugal, supporting the growth of the crypto ecosystem there.”

This collaboration will strengthen Ripple’s position in Europe and Latin America by leveraging the fast-growing Portuguese-Brazilian payment corridor.

Ripple’s Growing Global Reach with Crypto Payments

Ripple has already built a significant presence in Brazil, working with major partners like Travelex Bank and Mercado Bitcoin. The Ripple Partners with Unicâmbio deal further enhances Ripple’s global operations. Ripple’s payment solution spans over 90 markets globally, processing over $70 billion in transactions annually.

Ripple operates in 90% of global foreign exchange markets, supported by more than 60 regulatory licenses and registrations worldwide.