$XRP Ripple is giving global remittances a major boost through its latest partnership with Unicâmbio, a leading foreign exchange provider in Portugal.

By integrating Ripple Pay and XRP Ledger, the collaboration aims to revolutionize money transfers between Brazil and Portugal, a corridor responsible for an estimated $5.3 billion in annual remittance flows.

This strategic move positions Ripple to capitalize on the growing demand for blockchain-based payment solutions in Europe and Latin America.