Mercado Bitcoin & Ripple Launch $200M XRP Ledger Tokenization Game-Changer
Latin America's crypto heavyweight just fired a shot across TradFi's bow.
Mercado Bitcoin—Brazil's answer to Coinbase—inked a deal with Ripple to tokenize a cool $200 million on the XRP Ledger. No banks, no middlemen, just rails built for the digital age.
Why this stings legacy finance:
The move bypasses Brazil's bureaucratic asset custody systems entirely. We're talking real-world assets moving at blockchain speed—while Wall Street still struggles with T+2 settlements.
XRP army gets new ammo:
Ripple's ledger scores a major enterprise use case right as SEC legal clouds part. Suddenly those 'useless token' jabs from Bitcoin maxis look... outdated.
Cynic's corner: Watch traditional banks suddenly 'discover' blockchain efficiency now that clients are jumping ship. Funny how that works.
