📢Good news! Ripple recently launched a fund in Brazil to support local projects using XRPL (Ripple public ledger) to enhance their capabilities. 🎉

Julia Heitner, program manager of XRPL grants, said that Brazil is the first country to implement this local program because of the country's advantages, including "cash developer ecosystem, complex digital payment infrastructure, and forward-looking public policies on capital market tokenization." 👏

Although Ripple did not specify the specific amount of this pilot fund, according to the XRPL grants website, projects applying for the program can usually receive funding of $10,000 to $200,000, and awards of $100,000 and above are usually allocated to developers who have completed similar projects before. 💰

This is positive news for the blockchain industry and Bitcoin. Let us look forward to the blockchain projects in Brazil taking this opportunity to flourish! 🚀