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Ripple announced that it will launch its high-speed payment solution Ripple Payments in Brazil.
Golden Finance reported that Ripple announced on Thursday that it will launch its high-speed payment solution Ripple Payments in Brazil to expand its influence in South America. The Brazilian cryptocurrency exchange BTC Market (Mercado Bitcoin) will be the first to use XRP's blockchain payment solution to accelerate cross-border transactions. According to a statement, other companies will be allowed to use the technology at some point in the future.