Ripple Partners With Unicâmbio
Ripple is marching on with their plan to take over the payments world everywhere. This is music to the ears of XRP holders. Even though there is no direct effect on XRP price for now, rather an expansion of Ripple's business, the RLUSD will get a very big boost from this and that will have a trickle down effect on XRP. RLUSD needs XRP to mint and work. The actual transactions happen on the XRP Ledger (XRPL) so it leads to increased utility and, hence, more XRP volume.
Portugal and Brazil have a colonial relationship historically and speak the same language. There is a lot of business happening between the two countries and, thus, a lot of money being moved. Remittances are also going on in large volumes in both directions. Brazil is the first letter in BRICS so, going forward, this is going to be a crucial financial rail laid by Ripple and Unicâmbio; Ripple's partner in Portugal.
Peace & Love,
Adé