Ripple Expands in Brazil With VASP License Plans

[nihalsari]

Ripple is ramping up its presence in Brazil, announcing plans to apply for a Virtual Asset Service Provider (VASP) license with the country’s central bank.

President Monica Long highlighted Brazil as a key market, citing its advanced financial ecosystem and growing demand for regulated crypto solutions.

Ripple’s payments network has already processed over $100 billion globally, with Brazilian institutions increasingly adopting its services for cross-border transactions.

[The_Walking_Dead]

Ripple going for a VASP license = serious expansion move.

[Capybara_Capybara]

Brazil becoming one of the hottest crypto markets rn.

[bred]

Regulation + adoption = long-term bullish combo.

[059d96d16a]

$100B processed already shows real usage, not hype.

[Revenant]

Cross-border payments is Ripple’s strongest play.

[d82ae58262]

LATAM might be the next big crypto battleground. ️

[UndeadBeastMonkeykiller]

XRP ecosystem quietly building infrastructure again.

[9777089235]

This is how institutional adoption actually grows.

[GummyBear]

President Monica Long highlighted Brazil