Ripple’s growing presence in Brazil aligns with the rise of stablecoins and the central bank’s DREX initiative.
The anticipation surrounding altcoin ETFs in 2025 continues to build, with Brazil making a significant move by approving its first spotWhile the official trading date on Brazil’s B3 exchange remains undisclosed, fund manager Hashdex has confirmed that further details will be shared soon.With over 200 million people, Brazil attracts more institutional and retail crypto investment by approving the XRP ETF.
This is because the ETF simplifies investment by providing a regulated vehicle, eliminating the need for private wallets and direct ownership. Hence, this move increases XRP adoption and liquidity in Brazil while expanding its influence in global financial markets.Notably, this surge in ETF activity coincides with Braza Group’s initiative to launch a stablecoin pegged to the Brazilian real on the XRP Ledger.
“We are committed to offering a stablecoin that not only meets but exceeds the highest security and compliance standards.” Braza Group is also participating in DREX, a central bank-led initiative driving asset tokenization, cross-border payments, and a potential CBDC.Ishika is a graduate of Political Science from the University of Delhi. From writing content as a hobby to now pursuing it as a professional career, she has been living and breathing content all her life. Her interests lie in making sure articles are very digestible to a common reader, despite all its technicalities and jargons.
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