RATE Group | Ripple Intends to Expand Further in Brazil Later This Year
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Ripple Intends to Expand Further in Brazil Later This Year

Ripple Intends to Expand Further in Brazil Later This Year

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Ripple

Over the course of the past few years, XRP has firmly established itself as the world’s third-biggest cryptocurrency and Ripple, the company which holds the highest number of XRP tokens, has emerged as a big player in the payments business.

Over the years, the San Francisco-based company has emerged as one of the biggest names in the payments space and has set up operations in different parts of the world. It boasts of clients from many continents, and in a new development, it has emerged that the company has now set its sights on South America.

Aggressive Expansion Plan

As everyone knows, the company is involved in facilitating remittances, and South America is its next frontier. It should be noted that Ripple has already set up its operations in Brazil in 2019 and is now looking to expand into the South American market in a big way. In this regard, it is also important to point out that the company has established relationships with some of the best-known and influential…

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