Ripple is partnering with Travelex to launch Cointelegraph’s corporate crypto payments service in Brazil

Ripple is partnering with Travelex to launch a crypto payments service for businesses in Brazil

Ripples XRP Token is set to be used following the launch of RippleNet’s On-Demand Liquidity (ODL) with forex firm Travelex to facilitate fast and low-cost cross-border transactions in Brazil.

Digital Payment Network announced On Thursday, forex firm Travelex will use RippleNet’s ODL to facilitate cross-border payments between businesses through the use of XRP. It also noted that Travelex Bank is the first bank licensed by the Central Bank of Brazil to operate exclusively in foreign exchange.

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