Imagine sending money to a friend in another country super fast! Ripple, a company that helps move money around the world, just teamed up with a Portuguese company called Unicâmbio. This means sending money between Portugal and Brazil will be quicker and cheaper using Ripple's special system.
This is Ripple's first time working in Portugal. They use something called XRP, a type of digital money, to make these payments happen faster than ever before. It's like a secret code that helps money travel across the world.
This new partnership makes sending money between Portugal and Brazil much easier for businesses.
- Ripple helps move money internationally quickly and cheaply.
- Unicâmbio is a Portuguese company that now uses Ripple's system.
- XRP is a special digital money that makes this possible.
| Fact | Detail |
|---|---|
| Countries Involved | Portugal & Brazil |
| Payment Speed | Minutes |
| Cost | Lower than before |
