Ripple-Led XRP Ledger Integrates into Brazil's $4 Trillion Securities Market
XRP Ledger is being integrated into Brazil's $4 trillion securities market by CSD BR, a financial-market infrastructure provider.
The rollout will begin with investment fund shares from BTG Pactual deposited at CSD BR. The XRP Ledger will serve as an additional record and audit layer for these assets.
Ripple executive Luke Judges notes that this integration could open the door to significant portions of Brazil's massive fixed-income market using the XRP Ledger.