Brazilian crypto exchange Mercado Bitcoin has become the first customer of Ripple's product in Brazil. Mercado Bitcoin will use Ripple's platform to enhance its internal treasury operations between Brazil and Portugal, improving international payment support for its corporate and retail customers. Ripple's solution aims to streamline operations, optimize liquidity, and enable real-time payment settlement for crypto businesses. The partnership with Ripple will also help Mercado Bitcoin in internationalizing its services. Ripple previously introduced its crypto on-demand liquidity service in Brazil in cooperation with Travelex Bank.



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