Brazil is becoming a key player in the crypto world, paving the way for XRP to expand its presence in Latam! 🇧🇷🚀

The launch of one of the first XRP exchange-traded funds (ETFs) on the Brazilian stock exchange B3 allows institutions to invest in XRP without the hassle of direct custody. This opens the door for companies to enter the market with confidence!

With 9% of all purchases in 2024 involving XRP, surpassing major cryptocurrencies like ETH and SOL, the demand is clearly on the rise. Ripple sees Latam as a promising region for payments and remittances, and CEO @bgarlinghouse has praised Brazil's progressive crypto regulations.

This move positions Ripple to attract institutional investors, enhancing XRP's role as both an investment instrument and a remittance facilitator. What are your thoughts on XRP's growth in Brazil? Let us know!