Braza, a company specializing in international payments and transfers, is launching a stablecoin pegged to the Brazilian Real on the XRP Ledger. The stablecoin will be available on the Braza On app in the first quarter of this year. Braza Group CEO believes it will bring significant value to global markets. Ripple sees this as a milestone in financial modernization. Brazil has also approved its first XRP exchange-traded product (ETF) which is set to launch soon.



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