[29/06, 20:29] Meta AI: Ripple plans to open new payment corridors with banks in Brazil, expanding its partnership with traditional and digital financial institutions. Some of the banks already working with Ripple in Brazil include ¹ ²: *Traditional banks:* - Bradesco - Santander - Itaú - Banco Rendimento - *Targeted digital banks:* - Nubank, voted the best bank in Brazil in a Forbes ranking - Banco Original, which also made it into the top 10 of the list. Ripple intends to use its On-Demand Liquidity (ODL) technology to ensure instant and cost-effective cash flow, revolutionizing the way pre-financing is done today. In addition, the company seeks ³: - *Expand payment corridors:* including US-Mexico, USD-PHP, AUD-USD, and PHP and EUR-USD - *Focus on small transactions:* reducing the emphasis on large treasury payments to support individual and low-value transactions. [29/06, 20:30] Meta AI: Ripple is working to transform its office in Brazil into a hub for tokenization of real-world assets (RWA) in Latin America, aiming to drive cryptocurrency adoption in the region. Although specific information about the assets to be tokenized has not been found, I can provide some examples of how Ripple is working with financial institutions in Brazil [1][2]: - *Bank partnerships:* Ripple has partnerships with banks such as Bradesco, Santander, Itaú, and Banco Rendimento to develop payment and liquidity solutions. - *Tokenization of assets:* Ripple is exploring the tokenization of real-world assets such as real estate, bonds, and other financial assets to create more efficient investment and trading opportunities. - *Cryptocurrency adoption:* Ripple is working to drive cryptocurrency adoption in the region, including XRP, through its payment and liquidity solutions. The tokenization of real-world assets (RWA) is a growing area, and Ripple is well positioned to lead this initiative in Brazil.