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Showing posts with the label digital payments

XRP Projected To Rise as Thunes Announces Partnership With Ripple

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Singapore’s leading payment firm, Thunes, announced a partnership with Ripple on Tuesday to initiate cross-border payments. The partnership aims to improve the customer payout experience, streamlining the payout process from the sender to the receiver. The collaboration comes after the demand for digital financial services across the world is rapidly evolving. The development could add a feather to XRP’s prospects, which bulls are projecting it to rise above the $4 mark. Also Read: What’s Your XRP Price Plan: Sell, Buy More, Stake, or Call Gensler? Thunes will leverage Ripple’s XRP payment methodology powered by blockchain technology. Ripple will provide services to the Singapore-based firm by processing real-time payouts in local currencies through its Direct Global Network. The fintech firm wants to fulfil “last-mile delivery” in regions in Singapore that have limited banking support. This enables Thunes to reach every remote corner of the country and dom...

Brazil's New Payment System 'Pix' Accelerates De-Dollarization

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Brazil’s new payment system Pix is causing concerns in Washington as it is competing with US credit card companies while modestly advancing the de-dollarization agenda. Pix is run by Brazil’s Central Bank (BCB) and was launched in 2020 in an effort to chip away at the US dollar. The payment system enables users to send and receive transfers in just a few seconds, at any time, including non-business days. Also Read: Dollar Reserves Hit 47% Record Low as China Drives De-Dollarization The de-dollarization move from Brazil through the new payment system remained slow in 2020 but is gaining speed in 2025. According to the latest Pix data from Brazil’s Central Bank, Pix settled more than $450 billion worth of transactions last quarter. Pix “operates outside the dollar ecosystem. It represents the embryo of independent systems,” said Brazilian diplomat Philip Yang. The trade wars kick-started by Trump are making Brazil safeguard its economy. Brazil’s De-Dollarizat...

Ripple (XRP) Advances in US Banking & Launches Ripple Payments Europe

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A huge banking innovation in Ripple and XRP has finally presented itself and that is making a difference in the current approach of traditional financial institutions of digital assets. The US banks were allowed to provide the crypto custody services by the Federal Reserve, the FDIC, and the OCC in terms that are historically unprecedented since they all agreed on regulation change. In tandem with this growth, Ripple Payments are going live in Europe only adding to the presence of the business in the European Economic Area with the speed of institutional acceptance increasing both sides of the Atlantic. This update of the banking system is not only about alteration in the policy, it is the dawn of XRP becoming a part of the mainstream financing structure. Also Read: Historic XRP Glitches Expose Vulnerabilities in 2025 and Beyond Ripple XRP Banking Moment Drives Institutional Adoption & EU Expansion Source: happycoin.club Federal Regulators Greenlight Crypto Custody Services The re...