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$4 Trillion in Brazilian Records Matched on Ripple Ledger

Guavy AI Editorial Team
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XRP RPL
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Brazil's financial records of approximately $4 trillion have started to be matched on the Ripple Ledger (XRPL), according to reports.

This initial phase did not change the official registration system, and assets were not directly transferred to blockchain. However, authorized institutions can now compare their XRPL entries with CSD BR data in near real-time.

Ripple and CSD BR are set to evaluate the possibility of issuing and trading financial assets on XRPL in the next phase.

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