Ripple has announced a major expansion of its operations in Brazil, offering a comprehensive financial stack designed for institutional clients. The new platform integrates custody, prime brokerage, stablecoin settlements, and treasury management solutions, aimed at serving Brazil’s fast-growing financial market.
The firm’s broader strategy includes applying for a Virtual Asset Service Provider (VASP) license with the Central Bank of Brazil, aligning with the country’s new regulatory framework for virtual assets. With its new capabilities, Ripple now provides a unified solution for cross-border payments, digital asset custody, and treasury management, offering Brazilian institutions the tools needed to compete in the modern financial landscape.
Ripple Payments and Custody Solutions
Ripple’s platform provides several products tailored to the needs of institutional customers. Ripple Payments enables same-day, cross-border payments in both fiat currencies and stablecoins. This service has already gained traction in Brazil, with major financial institutions such as Banco Genial, Braza Bank, and Nomad using Ripple’s network for improved liquidity and faster transaction processing. By utilizing Ripple Payments, these institutions are solving real-world payments challenges, particularly in cross-border settlements.
Ripple Custody is another important component of the company’s expansion into Brazil. It offers secure storage solutions for digital assets, supported by bank-grade security and real-time compliance controls. Ripple Custody is designed for regulated institutions, helping them manage and store digital assets securely while complying with global regulations. This product also supports institutional staking and integrates with tools like Chainalysis and Elliptic for enhanced transaction screening.
One notable example of Ripple Custody in action is CRX, a Ripple partner leveraging the XRP Ledger and Ripple Custody to issue and manage tokenized assets. Additionally, Justoken, which has already tokenized over $1.7 billion in assets on the XRP Ledger, will use Ripple Custody to build institutional-grade infrastructure for real-world asset tokenization in Latin America.
RLUSD Stablecoin and Ripple’s Institutional Suite
Ripple’s RLUSD, an enterprise-grade stablecoin backed by USD, is gaining significant traction across Latin America. It has surpassed $1.5 billion in market capitalization and is designed to meet the compliance and regulatory standards required by financial institutions. With dual oversight from the New York Department of Financial Services (NYDFS) and the Office of the Comptroller of the Currency (OCC), RLUSD is emerging as a trusted digital dollar solution.
In Brazil, RLUSD is already being used by prominent exchanges and fintechs, such as Mercado Bitcoin, Ripio, and Braza Bank. These companies are adopting RLUSD to bring a compliant and reliable stablecoin infrastructure to millions of users across Latin America. Ripple’s commitment to regulatory compliance and real-world utility has positioned RLUSD as the preferred stablecoin for institutions in Brazil and beyond.
Ripple Prime and Ripple Treasury are also key components of Ripple’s institutional offering. Ripple Prime provides advanced services across FX, digital assets, derivatives, and fixed income, clearing more than $3 trillion annually. Ripple Treasury enables CFOs and treasurers to manage liquidity, payments, and risk in real-time, unlocking capital through global repo market access. These products offer Brazilian institutions a complete financial suite tailored for the digital economy.
Ripple’s Continued Growth in Latin America
Ripple’s expansion into Brazil is part of a broader strategy to strengthen its presence in Latin America, a region that has served as a proving ground for Ripple’s cross-border payment technologies. Ripple has secured partnerships with several major financial institutions in the region, reinforcing its commitment to the market.
With its integrated financial infrastructure, Ripple is helping Brazilian institutions meet the challenges of the modern financial system while enabling them to compete in a rapidly evolving global economy.
Concurrently, as of March 2026, Ripple holds over 75 licenses worldwide, underscoring its commitment to expanding its regulatory footprint. In addition to Brazil, Ripple has secured regulatory approvals in key markets such as Luxembourg, the United Kingdom, Singapore, and the United Arab Emirates. The company’s strategic focus on securing institutional-grade licenses is a clear indication of its long-term vision for digital asset adoption in regulated markets.
Source: https://coinpaper.com/15514/ripple-to-apply-for-vasp-license-in-brazil-to-support-digital-assets
