- Unicâmbio companions with Ripple to allow quick, trackable cross-border funds between Portugal and Brazil.
- Ripple’s expertise gives Unicâmbio real-time transparency and broad community entry for worldwide transfers.
Unicâmbio, one of many large names within the Portuguese cash change trade, has simply made a breakthrough. They’ve formally adopted Ripple Funds, a blockchain-based cross-border fee system that’s recognized to be quick and low cost.
This isn’t only a expertise trial, this can be a full determination from the corporate that has been the spine of remittance companies for hundreds of Portuguese residents who’ve household in Brazil.
Buyer Highlight: Unicâmbio, one of many oldest and largest international change companies in Portugal, is increasing its international footprint with Ripple Funds.
Learn the way they’ll higher serve company shoppers to fulfill liquidity and money movement wants for companies that function on a… pic.twitter.com/cSNXwVNyge
— Ripple (@Ripple) Might 31, 2025
Unicâmbio Makes On the spot Transfers Occur
Think about the state of affairs: you ship cash to your hometown in Brazil through Unicâmbio, the funds arrive in seconds. Previously, one thing like this was only a dream. Now, it’s up and operating. And never solely is it quick, customers also can monitor the transaction standing in real-time. No have to ask “Have you ever arrived but?” whereas anxiously ready for notifications.
Moreover, this partnership is projected to have the ability to assist fee channels value as much as $150 billion. This determine reveals that Unicâmbio is severe about selecting companions. Ripple, which does have a fame as a world fee champion, is taken into account very appropriate to fulfill the calls for of an more and more prompt period.
In keeping with Adriana Jerónimo from the Unicâmbio govt board, they have been searching for expertise that was dependable and had a large community. Ripple met all of these standards. They even already existed in Brazil by way of collaborations with Travelex Financial institution and Mercado Bitcoin. So, simply plug it in and it’s on.
Ripple is Getting Extra Lively, from Portugal to Dubai
Then again, Ripple appears to be going all out exploring partnerships in numerous components of the world. CNF beforehand reported that a number of main banks within the US, resembling JPMorgan Chase, Citigroup, Financial institution of America, and Wells Fargo, are additionally contemplating utilizing Ripple for his or her mixed stablecoin. Because of this the Ripple system is beginning to be trusted at a wider degree than simply retail firms.
Not solely that, on Might 19, 2025, Ripple additionally introduced a partnership with Zand Financial institution and fintech Mamo within the United Arab Emirates. The objective is identical: to make cross-border cash transfers sooner, simpler, and simpler technically. All of this occurred just some months after Ripple acquired a license from the Dubai Monetary Companies Authority.
And as if it wasn’t busy sufficient, in early April 2025, Ripple additionally began buying Hidden Street, a serious dealer working within the institutional section. The worth reached $1.25 billion. Ripple’s large plan? Integrating their buying and selling system immediately into the XRP Ledger. Their model of play is not a startup—this can be a large participant class able to disrupt the previous system.
As of the writing time, XRP is swapped fingers at about $2.20, up 1.36% during the last 24 hours and its each day buying and selling quantity is at about $2.26 billion.
