A Brazilian bank has taken an important step in the development of digital assets by announcing the launch of a new stablecoin based on XRP Ledger (XRPL). The new product is aimed at reducing transaction costs and accelerating payments for clients, which is especially important in the context of the dynamic development of the cryptocurrency market.

In parallel, regulators approved the launch of the first spot ETF on XRP, which will allow institutional and retail investors to gain direct access to this digital asset through traditional financial instruments. The official trading date on the Brazilian B3 exchange has not yet been announced. Fund manager Hashdex said that it will provide more details soon.

This decision not only increases transparency and trust in cryptocurrency markets, but also strengthens the country's position as one of the leaders in the field of financial innovation.

The bank's representatives emphasized that the integration of XRPL technology ensures high transaction speed and reliable asset protection, and the approval of the spot XRP ETF will be an important impetus for capital inflow. These steps confirm the strategy to diversify and modernize financial services in Brazil.