- Unicâmbio partners with Ripple to enable fast, trackable cross-border payments between Portugal and Brazil.
- Ripple’s technology offers Unicâmbio real-time transparency and broad network access for international transfers.
Unicâmbio, one of the big names in the Portuguese money exchange industry, has just made a breakthrough. They are now officially adopted Ripple PaymentsA blockchain-based system for cross-border payments that has been proven to be quick and inexpensive.
It is more than a trial of technology, it is the full-blown decision of the company which has provided remittances to thousands of Portuguese who have relatives in Brazil.
Customer Spotlight: Unicâmbio, one of the oldest and largest foreign exchange agencies in Portugal, is expanding its global footprint with Ripple Payments.
Learn how they can better serve corporate clients to meet liquidity and cash flow needs for businesses that operate on a… pic.twitter.com/cSNXwVNyge
— Ripple (@Ripple) May 31, 2025
Unicâmbio Makes Instant Transfers Happen
Imagine the scenario: you send money to your hometown in Brazil via Unicâmbio, the funds arrive in seconds. In the old days, this kind of thing was only a fantasy. The system is now fully operational. It’s not just fast; users can monitor the status of transactions in real time. You don’t need to question “Have you arrived yet?” While anxiously awaiting notifications.
This partnership will also be capable of supporting payment channels up to the value of $150 billion. This figure shows that Unicâmbio is serious about choosing partners. Ripple is viewed as the best option to satisfy an instant-age.
According to Adriana Jerónimo from the Unicâmbio executive board, they were looking for technology that was reliable and had a wide network. Ripple They met each of the criteria. In Brazil, they were already in existence through partnerships with Travelex Bank Mercado Bitcoin. Just plug in the device and your system is up.
Ripple’s activity is increasing, and it now reaches from Portugal to Dubai
Ripple on the contrary seems to have a fervent interest in exploring partnership opportunities around the world. CNF earlier reported Ripple is also being considered by several US major banks such as JPMorgan Chase (JPMC), Citigroup (Citigroup), Bank of America (Bank of America) and Wells Fargo for the creation of their own stablecoin. Ripple is now being trusted by a broader range of companies than only retail.
Ripple has also announced, for May 19, 2025 in United Arab Emirates, that it will be partnering with Zand Bank as well as fintech Mamo. The same goal: making international money transfers quicker, easier, less complex. This all happened only a few short months after Ripple The Dubai Financial Services Authority has granted a licence.
Ripple, as if this wasn’t already enough work, began to acquire Hidden Road early in April 2025. Hidden Road was a leading broker that operated in the institutional sector. It was worth $1.25billion. Ripple’s grand plan? Integration of their trading system into the XRP Ledger. Their style of play is no longer a startup—this is a big player class ready to disrupt the old system.
It is the time that this article was written. XRP About $2.20The. 1.36% In the past 24 hours, its trading volume has been around $2.26 Billion.
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