Odaily Planet Daily News Ripple recently launched a fund for Brazil to support local projects using XRPL as a tool to enhance their capabilities. Julia Heitner, manager of the XRPL grants program, said that Brazil is the first country to implement this local program due to different factors supporting blockchain programs. The country's advantages include "cash developer ecosystem, complex digital payment infrastructure, and forward-looking public policies on capital market tokenization." Although the company did not specify the amount allocated to this pilot fund, typically, projects applying for XRPL grants can receive funding of $10,000 to $200,000. The XRPL grants website clearly states that rewards of $100,000 and above are usually destined to developers who have completed similar projects before. (Bitcoin.com)
