‼️ BRICS PAY → RIPPLE Y $XRP ‼️
Let’s explain a lesser-known connection between the new payment platform of the BRICS, BRICS Pay, and Ripple technology.
The integration of Standard Chartered with BRICS Pay, along with its collaboration with Ripple and its active role in the Ripple network, positions it as a nexus between the BRICS payment ecosystem and Ripple's blockchain technology. ✅
By integrating with BRICS Pay, Standard Chartered enables its clients to make payments between BRICS countries, reducing reliance on traditional financial systems. Simultaneously, Standard Chartered actively collaborates with Ripple’s blockchain-based cross-border payment solutions. 🎯
This dual involvement indicates that Standard Chartered can position BRICS Pay to leverage Ripple’s blockchain for international transactions using XRP as a bridge currency between BRICS countries. 🔑
Documented. 📝💨
