Ripple announced that its payment network has processed over $100 billion in transactions across more than 60 markets globally. In Brazil, several institutions have begun using the platform for cross-border transactions. Banco Genial utilizes Ripple to support same-day USD payments.
Azify exchanges stablecoins for currencies including USD, EUR, CNY, and SGD. Attrus also uses the platform for cross-border settlements and crypto transactions. Frente Corretora has integrated payment operations through Ripple's system. These integrations demonstrate the platform's broader application among financial institutions in Brazil.
Meanwhile, Justoken plans to expand its tokenization infrastructure. Justoken has tokenized over $1.7 billion in assets on the XRP Ledger and will utilize Ripple's custody system for institutional operations.
The platform integrates trading monitoring tools and supports staking on proof-of-stake networks. These features aim to simplify asset management.
Ripple confirmed that the market capitalization of its RLUSD stablecoin has surpassed $1.5 billion. In Brazil, exchanges such as Mercado Bitcoin, Foxbit, and Ripio support the token.
These services include liquidity management, financing, and settlement services. Ripple Prime, developed after the acquisition of Hidden Road, processes over $3 trillion annually. Meanwhile, Ripple Treasury supports real-time liquidity and cross-border payments.