Ripple just announced its first partnership in Portugal. The company is teaming up with Unicâmbio to create better payment options between Portugal and Brazil. This new service will make sending money between these countries faster, cheaper, and more transparent.
What you'll learn 👉
Making Money Transfers Simple
Portugal and Brazil have always been closely connected. Millions of dollars move between these countries every month. But until now, sending this money was slow and expensive.
The old systems for international payments caused a lot of problems. People waited days for their money to arrive. They paid high fees. And they often couldn’t track where their money was in the process.
Now things are changing. With Ripple’s technology, Unicâmbio’s business customers can send money in minutes instead of days. The service works all day, every day, all year round.
Ripple is accelerating crypto adoption in Europe. https://t.co/pPtSdSi2NU
— Ripple (@Ripple) March 5, 2025
The recent launch of Ripple Payments in Portugal with Unicâmbio modernizes cross-border payments, offering secure, transparent, and real-time transactions.
As European finance leaders explore crypto…
“Ripple’s crypto-enabled payments solution enables near-instant settlement and drastically reduces costs compared to traditional payments channels, delivering real value to our customers.” says Adriana Jerónimo from Unicâmbio’s executive team.
How does it work? Ripple’s network cuts out many middlemen who typically handle these payments. Fewer stops along the way means lower fees and fewer chances for something to go wrong. Users can also see exactly where their money is and what fees they’re paying.
Read also: How Much Will XRP Be Worth in Q4 2025? These Undervalued Altcoins Could Rally Even Higher
Europe Embraces Digital Payments
This move into Portugal is just one part of Ripple’s growing presence in Europe. In the past year, Ripple has:
- Partnered with European banks like DZ Bank and BBVA Switzerland
- Added Societe Generale’s stablecoin to the XRP Ledger
- Opened a new office in Geneva
Europe is becoming a leader in digital assets. A recent survey shows that 90% of finance leaders believe blockchain will change their industry. In Europe specifically, 89% are open to using crypto, stablecoins, or digital currencies, and 41% plan to use crypto for international payments.
Why is Europe moving forward so quickly? New regulations are making it easier. The Markets in Crypto-Assets Regulation (MiCA) now provides clear rules across all 27 EU countries. Get approved in one country, and you can operate in all of them.
Right after announcing the partnership, Ripple and PwC held a meeting in Lisbon. They brought together business leaders, including Unicâmbio, to talk about using blockchain for payments, storing digital assets, and creating digital versions of real-world assets.
Ripple’s network already covers more than 90 payment markets worldwide. The company has processed over $70 billion in payments and holds more than 60 regulatory licenses globally. This new partnership with Unicâmbio makes that network even stronger.
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