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Crypto Prune > Exchange > Unicâmbio taps Ripple to speed up payments across borders
Exchange

Unicâmbio taps Ripple to speed up payments across borders

8 months ago 4 Min Read

  • Unicâmbio will partner with Ripple to enable fast, trackable cross-border payments between Portugal and Brazil.
  • Ripple’s technology provides Unicâmbio real-time transparency and wide network access for international relocation.

One of the most famous people in the Portuguese money exchange industry, Unicâmbio has just made a breakthrough. They officially employ Ripple Payments, a blockchain-based cross-border payment system known to be fast and inexpensive.

This is not just a technology trial, but a complete decision from the company, which is the backbone of money transfer services for thousands of Portuguese citizens with families in Brazil.

Customer Spotlight: One of Portugal’s oldest and largest forex institutions, Unicâmbio is expanding its global footprint with Ripple payments.

…pic.twitter.com/csnxwvnyge Learn how to better serve corporate clients to meet the liquidity and cash flow needs of businesses operating at

– Ripple (@ripple) May 31, 2025

Unicâmbio delivers instant transfer

Imagine a scenario. Sending money to your Brazilian hometown via Unicambio, the funds arrive in seconds. In the past, things like this were just dreams. Now it’s up and running. Not only is it fast, but it also allows users to track transaction status in real time. You don’t need to ask, “Have you arrived yet?” While I waited worriedly for the notification.

Additionally, the partnership is projected to be able to support payment channels worth up to $150 billion. This diagram shows that Unicâmbio is serious about choosing a partner. With a reputation as a global payment champion, Ripple is increasingly considered to be very suitable to meet the demands of the times.

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According to Adriana Jerónimo of Unicâmbio’s Executive Committee, they were looking for a technology that was reliable and had a wide network. Ripple met all of these criteria. They already existed in Brazil through collaborations with TravelEx Bank and Mercado Bitcoin. So just plug it in and it’s on.

Ripple is becoming more active from Portugal to Dubai

Meanwhile, Ripple appears to be exploring partnerships in different parts of the world. CNF previously reported that several major US banks, including JPMorgan Chase, Citigroup, Bank of America and Wells Fargo, are also considering using Ripple for Stablecoin. This means that Ripple systems are beginning to be trusted at a much broader level than retailers.

Not only that, but on May 19, 2025, Ripple also announced a partnership with Zand Bank and Fintech Mamo in the United Arab Emirates. The goal is the same: to make cross-border money faster, easier, and less technically complicated. All of this happened just a few months after Ripple received his license from the Dubai Financial Services Authority.

And as if it wasn’t busy enough, in early April 2025, Ripple began acquiring Hidden Road, a leading broker operating in the institutional segment. This value reached $1.25 billion. Ripple’s big plan? Integrate your trading system directly into your XRP ledger. Their playing style is no longer a startup. This is a big player class ready to disrupt the old system.

At the time of writing, XRP will change hands at about $2.20top 1.36% Over the past 24 hours, its daily trading volume is around $2.26 billion.

See also  Peru completes crypto payments for first banking in pilots

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