#AbuDhabiStablecoin Brazil is becoming a key player in the cryptocurrency 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 Brazil's B3 stock exchange allows institutions to invest in XRP without the hassle of direct custody. This opens the door for companies to confidently enter the market!

With 9% of total transactions in 2024 related to XRP, surpassing major cryptocurrencies like ETH and SOL, the demand is clearly increasing. Ripple sees Latam as a promising region for payments and remittances, and CEO @bgarlinghouse has praised Brazil's progressive cryptocurrency regulations.

This move positions Ripple to attract institutional investors, enhancing XRP's role as an investment vehicle and a support unit for remittances. What do you think about the development of XRP in Brazil? Let us know!