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XRP and Stablecoin Innovations: Conduit and Braza Group Revolutionize Cross-Border Payments in Brazil

XRP and Stablecoin Innovations: Conduit and Braza Group Revolutionize Cross-Border Payments in Brazil

Author:
XRP News
Published:
2025-06-15 04:38:12
17
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[TRADE_PLUGIN]XRPUSDT,XRPUSDT[/TRADE_PLUGIN]

In a groundbreaking development for the cryptocurrency and cross-border payments sector, Conduit, a stablecoin-focused payments provider, has partnered with Brazil''s Braza Group to launch real-time foreign exchange swaps using stablecoins. This innovative service facilitates rapid conversion between the Brazilian real and major currencies such as the U.S. dollar or euro, with transactions settling in minutes—a stark contrast to traditional FX infrastructure, which can take up to three days. This advancement not only highlights the growing adoption of stablecoins in global finance but also underscores the potential for cryptocurrencies like XRP to play a pivotal role in streamlining cross-border transactions. As of June 2025, this collaboration marks a significant step forward in leveraging blockchain technology to enhance efficiency and reduce costs in international payments, further solidifying the bullish case for digital assets in the financial ecosystem.

Conduit and Braza Group Launch Stablecoin Forex Swaps for Cross-Border Payments in Brazil

Conduit, a stablecoin-focused cross-border payments provider, has partnered with Brazil''s Braza Group to introduce real-time foreign exchange swaps using stablecoins. The service enables rapid conversion between the Brazilian real and major currencies like the U.S. dollar or euro, settling transactions in minutes—a significant improvement over traditional FX infrastructure, which can take up to three days.

Braza, which operates Brazil''s largest FX bank and processed $67 billion in transactions last year, launched its real-pegged stablecoin BBRL on the XRP Ledger earlier this year. The partnership will see Braza mint BBRL tokens for payments originating in Brazil, while Conduit handles the swap into dollar- or euro-pegged stablecoins for delivery to recipients abroad.

Stablecoins continue to gain traction as a cornerstone of crypto''s growth, particularly in cross-border payments and remittances. Developing markets, where traditional banking channels are often costly or unreliable, are driving rapid adoption. Citi projects the sector could expand from $250 billion to $1.6 trillion by 2030, as regulatory frameworks for stablecoins advance in key jurisdictions like the U.S.

XRP Poised for Breakout as ETF Speculation and Institutional Interest Intensify

Ripple''s XRP stands at an inflection point, with converging catalysts suggesting a potential market revaluation. The token''s utility in cross-border settlements and growing institutional adoption are shifting its perception from speculative asset to financial infrastructure contender.

All eyes are on the SEC''s June 17 decision regarding Franklin Templeton''s XRP ETF filing through CBOE BZX Exchange. A green light WOULD mark XRP''s formal entry into mainstream finance, while a delay would push the deadline to October. The involvement of asset managers overseeing $1.5 trillion signals serious institutional conviction.

Parallel filings from Bitwise, Grayscale, and WisdomTree underscore mounting industry demand. Regulatory developments under new SEC leadership add further intrigue, with crypto markets interpreting personnel changes as potentially favorable for digital asset products.

Trident Digital Tech Holdings Stock Plummets 40% After XRP Treasury Announcement

Trident Digital Tech Holdings saw its shares collapse nearly 40% in early trading after unveiling a $500 million plan to establish an XRP corporate treasury. The Singapore-based firm intends to acquire XRP tokens as long-term reserves, deploy staking strategies for yield generation, and deepen its involvement in the Ripple ecosystem.

Chaince Securities LLC has been named as strategic advisor for the initiative, which will be funded through equity issuance, structured financing, and strategic placements. Despite positioning the MOVE as pioneering blockchain-native corporate finance, investor reaction was sharply negative, driving TDTH''s stock from $0.45 to below $0.20.

CEO Soon Huat Lim framed the strategy as belief in digital assets'' transformative potential, stating ''We see digital assets as key enablers in the evolution of the global financial landscape.'' The XRP Treasury rollout is slated for second half 2025, contingent on regulatory approvals and market conditions.

XRP Price Prediction: XRP Gears Up for $3.00 Breakout as Open Interest Surges and Treasury Tokens Go Live

XRP is poised for a potential breakout to $3.00, fueled by surging open interest in futures markets and the launch of tokenized U.S. Treasuries on the XRP Ledger. Institutional interest is accelerating as ONDO Finance rolls out OUSG—short-term U.S. Treasury funds—on XRPL, bridging traditional finance with DeFi.

The introduction of OUSG tokens, redeemable via Ripple''s RLUSD stablecoin, offers qualified investors 24/7 access to BlackRock, Franklin Templeton, and WisdomTree-managed funds. This move signals growing institutional adoption of blockchain-based treasury solutions.

XRP Price Potential Ahead of SEC''s ETF Decision on June 17

XRP faces a pivotal moment on June 17 as the SEC prepares to rule on spot ETF applications from Franklin Templeton, Grayscale, and 21Shares. Approval could catalyze institutional adoption, while delays may prolong the regulatory uncertainty that has shadowed the asset since 2020.

Whale accumulation signals bullish conviction, with Weebus launching a $300 million XRP fund and Hyperscale Data allocating $10 million for crypto lending infrastructure. This institutional interest coincides with technical setups suggesting potential breakout patterns if key resistance levels break.

Market sentiment appears cautiously optimistic, with derivatives data showing balanced positioning ahead of the SEC decision. The regulatory outcome may determine whether XRP challenges its $3.40 all-time high or faces renewed consolidation.

Singapore''s Trident Digital Aims for $500M XRP Treasury Initiative

Singapore-based Trident Digital (TDTH) has unveiled ambitious plans to raise $500 million for what could become one of the world''s first corporate treasuries dedicated to XRP. The Nasdaq-listed tech firm intends to deploy the capital toward long-term XRP holdings, yield-generating strategies, and deeper integration with Ripple''s ecosystem.

Chaince Securities will advise on the initiative, which combines equity sales and private placements. CEO Soon Huat Lim positioned the move as a strategic bet on digital assets reshaping corporate finance: "We see digital assets as key enablers in the evolution of the global financial landscape."

The project, slated for mid-2025 pending regulatory approvals, would mark a rare corporate endorsement of XRP. While Bitcoin dominates corporate balance sheets, few public companies have made comparable commitments to alternative tokens.

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