Rally

Millions

Bank AI

Show

<p>Major banks in Japan and Brazil are collaborating to develop a new cross-border payment service using Ripple’s XRP cryptocurrency, <a href="https://x.com/edward_farina/status/1752089147345355078?s=20" target="_blank" rel="nofollow">reports</a> Edo Farina. <a href="https://twitter.com/edward_farina" target="_blank" rel="nofollow"></a>MUFG Bank, Japan’s largest bank, has signed a partnership agreement with Banco Bradesco, Brazil’s second largest bank, to create a payment channel between the two countries powered by Ripple’s blockchain technology.</p> 
<p>The new payment system will enable real-time money transfers between Japan and Brazil and provide greater transparency in tracking cross-border payments. </p> 
<figure class="wp-block-image size-large">
 <img loading="lazy" decoding="async" width="718" height="1024" src="https://captainaltcoin.com/wp-content/uploads/2024/01/image-842-718x1024.png" alt="" class="wp-image-429482" srcset="https://captainaltcoin.com/wp-content/uploads/2024/01/image-842-718x1024.png 718w, https://captainaltcoin.com/wp-content/uploads/2024/01/image-842-210x300.png 210w, https://captainaltcoin.com/wp-content/uploads/2024/01/image-842-767x1094.png 767w, https://captainaltcoin.com/wp-content/uploads/2024/01/image-842-1077x1536.png 1077w, https://captainaltcoin.com/wp-content/uploads/2024/01/image-842-1437x2048.png 1437w, https://captainaltcoin.com/wp-content/uploads/2024/01/image-842-105x150.png 105w, https://captainaltcoin.com/wp-content/uploads/2024/01/image-842-100x143.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/01/image-842-245x350.png 245w, https://captainaltcoin.com/wp-content/uploads/2024/01/image-842-788x1123.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/01/image-842.png 888w" sizes="(max-width: 718px) 100vw, 718px">
</figure> 
<p>One of the major benefits highlighted is XRP’s ability to facilitate faster international transactions without the foreign exchange risk typically associated with traditional wire transfers.</p> 
<p>Announcement of the agreement comes on the heels of Ripple expanding its presence across Asia, with Japan representing one of their largest markets. The partnership with MUFG Bank and Banco Bradesco signals growing momentum for the company in Latin America as well.</p>  
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0">
  <i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   Transform Hundreds Into Millions With the Magic of Memecoins – think $BONK, but bigger!
   <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f92b.png" alt="🤫" class="wp-smiley" style="height: 1em; max-height: 1em;">
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style> 
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px"> 
    <p>The key? Getting in early, especially during the IDO phase. <strong><a href="https://captainaltcoin.com/go/ll_inside/" target="_blank">Get in on NuggetRush</a></strong> now! This innovative memecoin blends play-to-earn gaming with real-world gold mining. Join soon to take advantage of the<strong><a href="https://captainaltcoin.com/go/ll_inside/" target="_blank"> current ICO prices</a></strong>!</p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div> 
 </div>
</div> 
<p>As more major financial institutions start leveraging cryptocurrencies, initiatives such as this demonstrate the growing maturity of blockchain technology to address real-world challenges in global payments and finance. Expect further developments in this area as banks deepen their exploration of digital assets.</p> 
<p>You may also be interested in:</p> 
<ul> 
 <li><a href="https://captainaltcoin.com/ripples-xrp-price-moving-as-expected-ready-to-make-a-15-move-to-this-price-level/" target="_blank" rel="noreferrer noopener">Ripple’s XRP Following Expert’s Prediction, a 15% Rally to This Price Level Is Next</a></li> 
 <li><a href="https://captainaltcoin.com/bitcoin-solana-and-these-5-cryptos-have-significant-events-that-could-help-you-profit-this-week/" target="_blank" rel="noreferrer noopener">Bitcoin, Solana, and These 5 Cryptos Have Significant Events That Could Help You Profit This Week</a></li> 
 <li><a href="https://captainaltcoin.com/why-investors-from-solana-sol-and-toncoin-ton-are-showing-interest-in-the-new-kelexo-klxo-presale/" target="_blank" rel="noreferrer noopener">Why Investors From Solana (SOL) and Toncoin (TON) Are Showing Interest In the New Kelexo (KLXO) Presale</a></li> 
</ul> 
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style=""> 
 <div class="col_wrap_two mb0"> 
  <div class="offerbox_big_wrap flowhidden"> 
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"> <a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="nofollow sponsored"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/Copy-of-P2P-Review-17-qi3pqhl3pi3mlojv8nq0upz5rcb68rblc7kuvhcaou.png" width="500" alt="Check NuggetRush ($NUGX)" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a> 
   </div> 
   <div class="product-summary col_item mobileblockdisplay"> 
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-ll_bottom-target-_blank-rel-nofollow-sponsored-span-check-nuggetrush-nugx-span-a"> <a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="nofollow sponsored"> <span>Check NuggetRush ($NUGX)</span> </a> </h3> 
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20">
     Sponsored: Invest Responsibly, Do Your Own Research.
    </div> 
    <div class="buttons_col mb25 rh_big_btn_inline"> 
     <div class="priced_block clearfix"> 
      <div> <a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="nofollow sponsored"> Buy NUGX Today </a> 
      </div> 
     </div> 
    </div> 
    <div class="bigofferdesc">
     <i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Being in its <strong>ICO stage</strong>, NuggetRush offers a prime opportunity for early investors to get in at potentially lower prices
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>A unique <strong>play-to-earn</strong> gaming platform in the memecoin market
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>The platform combines artisanal and <strong>gold mining</strong> with cryptocurrencies in an unusual gaming context, offering a distinctive and immersive experience
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Fosters a strong <strong>community </strong>by encouraging physical meetups among members
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i><strong>NFT</strong> Integration with Prominent Characters
    </div> 
   </div> 
  </div> 
 </div> 
</div> 
<p>The post <a href="https://captainaltcoin.com/ripples-xrp-making-inroads-for-cross-border-payments-between-japan-and-brazil/">Ripple’s XRP Making Inroads for Cross-Border Payments Between Japan and Brazil</a> appeared first on <a href="https://captainaltcoin.com">CaptainAltcoin</a>.</p>

Ripple’s XRP Making Inroads for Cross-Border Payments Between Japan and Brazil

Table of Contents

CaptainAltcoin

Other articles published on Jan 29, 2024

The Causes behind the Demise of Coins

Market Trends: Analyzing Bitcoin and Chainlink’s Price Movements

OKX to support Doginals, other inscription standards in marketplace

YieldMax Files Application for Bitcoin Options Income Strategy ETF

Spot Bitcoin ETF: Samson Mow Shares Intriguing Accumulation Stat

First Spot Bitcoin ETF Application Lands on Hong Kong SFC’s Desk

Join our free newsletter for daily crypto updates!