Ripple Partners with Brazil's Mercado Bitcoin Exchange to Launch Enterprise Payment Solution
On October 3, PANews reported that Ripple has partnered with Brazil's Mercado Bitcoin exchange to launch an enterprise-focused payment solution. This solution allows users to transact in Brazilian real while utilizing Ripple's platform to enhance operations in Brazil and Portugal. Silvio Pegado, Ripple's Executive Director for Latin America, stated, "Ripple Payments provides critical capabilities for crypto businesses, enabling them to streamline operations, optimize liquidity, and ultimately increase profit margins through real-time settlements."
